no I am not saying that at all. There is an arbitrage opportunity specifically with PTT and PDL for those acquainted with both companies. Hence my interest in those two.
But for MFG there is a hedging opportunity through ownership of MFG and hedging through ownership of shares in companies who do not match MFG investing thematics. This has been working out very nicely (especially when used in conjunction with Jack's approach of lowering dollar cost averaging into MFG without increasing overall capital allocation to MFG)
MFG Price at posting:
$12.47 Sentiment: None Disclosure: Held
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