- Oil prices are rising due to the Russia-Ukraine conflict and the top gainers in the US oil and gas space seem to be nano and micro-cap stocks.
- There is strong retail investor interest in these companies as several of them are trending on social media websites.
- However, some of these companies won’t benefit much in the near term from high oil prices, and among them is Nine Energy Service.
- In my view, retail investors should eventually realize their mistake, or the company could take advantage of the situation and carry out a capital increase to strengthen its balance sheet.
For further details see:
Nine Energy Service - Retail Investor Interest Seems Misplaced And I'm Bearish