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Phil Frohlich and Prescott Group Increase Stake in China Marine Food Group Again

According to a new Form 4 filed with the Securities and Exchange Commission,  Phil Frohlich and Prescott Group Capital Management raised its exposure in China Marine Food Group Ltd (NYSEMKT:CMFO), through buying 316,492 shares at a price around $0.2 apiece. Through the acquisition of additional shares, the fund now owns almost 5.8 million shares of the company.

China Marine Food Group

A couple of days ago, Frohlich and Prescott reportedanother bullish move on China Marine Food Group, raising their position to around 5.5 million shares.

Disclosure: none.

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