I want some opinions on $MCWEF. It's MCW Energy Group Ltd. It has a plant in Utah converting oil sands into light crude using a proprietary eco-friendly method. It seems like it has a niche market nobody else is doing and has great potential but on the other hand its a tiny company that does not turn a profit ever since fuel prices are low still and they have a lot of debt.
I feel unconventional oil sources are the future of energy and petroleum prices will remain high forever. I think their tech being eco friendly has a huge market... in 10-20 years. But shares are dirt cheap and why not?
That said Im worried some other larger firm will develop a similar but superior method or the company will just go bankrupt or turn into a shell company that owns nothing but a few patents.
Any ideas?
Bump.
It's almost like you faggots are afraid to make money.
>>1666880
ur gambling
if you cal;l that making momey
go ahead
>>1667151
okay its gambling.
Its either a dumb bet or an amazing one which is why I can't ignore it or decide what to do either. It could go 1000% in 2 years or to 0% in 6 months.
>>1667156
That doesn't sound very intelligent of you. You're not being an intelligent investor.
>>1667156
anon, think of it this way:
what does this company offer that similar companies in the same field don't? which companies have the best leadership? which are failing? which have had previous successes in the same or similar markets? which are out of their depth.
inform yourself, or else you are making a foolish decision. you might be right, you might not be. educate yourself on the topic and you'll be much better off because of it.