Mexco Energy Corporation (NYSEAMERICAN: MXC) is flying in the market this morning, gaining nearly 200% before the bell. With no press releases issued, there are several messages on social media asking what the catalyst is. Well, this is a short squeeze my friends, triggered by a coming meeting. Here’s what’s going on:
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MXC Is In The Middle Of A Short Squeeze
While Mexco Energy didn’t release any press releases, it did file documents with the SEC yesterday. The documents announced a coming Annual Meeting of Stockholders.
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