Phil Frohlich and Prescott Group Capital Management have been on our radar for some time, especially because of their ‘bullishness’ on China Marine Food Group Ltd (NYSEMKT:CMFO), in which Prescott continues to buy shares over the past couple of weeks. Today, in a new Form 4, Prescott reported buying shares of the company again, raising its position to a total of 6,325,795 shares. The fund purchased 89,739 shares in two transactions, the price amounting to $2.22 apiece.
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