VKIN - Camber Energy Retail Investors Back But I Remain Bearish
- The company is getting a $100 million investment from an accredited institutional investor, but it comes in the form of highly dilutive Series G redeemable convertible preferred shares.
- Camber Energy’s main subsidiary made several small acquisitions over the past few months, but I’m skeptical about their future financial performance.
- It seems that retail investor interest is high once again and the market valuation of Camber Energy almost doubled over the past week.
- Considering the short borrow fee rate has fallen below 3%, I think this could be a good time to open a small short position.
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Camber Energy Retail Investors Back, But I Remain Bearish