TSLA - Camber Energy Looks Overvalued Based On Fundamentals
- Camber Energy is a small US oil and gas company whose main subsidiary seems to be in dire straits financially.
- However, the company’s valuation has soared following the announcement of an exclusive IP license deal for a carbon-capture system.
- I don’t think there’s any indication that the technology is revolutionary or that it could bring significant revenues and profits for Camber Energy.
- There could be significant retail investor interest as the company is popular on several social media websites.
- I think this one looks like a sell, and the short borrow fee rate stands at just over 10%.
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Camber Energy Looks Overvalued Based On Fundamentals