I think you are probably right. But I am in the enviable position of having a number of stocks that have been smashed, not just MPO. I suspect that I will gather my courage and average down on a few of those. Its wonderful when you can double your holdings in a company with just a fraction of your original investment!
But I still dont think MPO will be near the top of my list for new money. Having said that I hope you do tip in a bit more and I hope that you are richly rewarded.
It would be nice if Steve could commit to giving us regular and frequent updates on his strategy. Its a bit like when you have a relative in hospital - you want news, even if it is only "resting comfortably" or "doing as well as can be expected"....
MPO Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held
