Still under valued, page-38

As has been previously mentioned MML's recent falls are as much about production levels and costs as they are PoG falls.

So I think it's a long bow to draw to suggest MML is "manipulated".

I know I sold down a large chunk a few weeks back, and it wasn't because I was trying to manipulate the market, and I'm sure I wasn't alone...

I did it because the results being achieved didn't make MML an attractive investment at those prices relative to alternative investments so I took the price the market was offering while I could and redeployed the capital.

Now that the price of MML seems to have bottomed and many of those other investments have run up in value and left MML behind, it is looking like it's offering more value (and this week I have already bought back at least 50% of what I sold).

I could end up being wrong on this call, but it won't be because the market was "manipulated".