And I would have to be seeing some speculative value in MCC now as the way it is priced against forecast earnings is that they would effectively have to almost completely evaporate to justify its current share price. And earnings have not yet evaporated, so once the current selling bout has passed, I would expect a sharp rebound due to this perception.
Note however that the rebound wil be off a bottom that I can't tell you where it is and certainly will not be back to its recent peak at $7. It might rebound from $2.50 to $3.50.... I also can't tell you when this will happen!
Hence my reasons for staying away at present.
Great long term value here though if you are looking at years, not months.
MCC Price at posting:
$3.29 Sentiment: LT Buy Disclosure: Not Held
