profit takers, page-7

For those brave enough not to be influenced by 'Mr Market' the current depression in MCE's share price has provided a wonderful opportunity for investors to buy an extraordinary business with incredible prospects at a fair price.

Not a bargain price, a fair price.

I wrote shortly after the recent CR that the price of MCE's shares would surge. In the immediate term I've been proven wrong although the reasons I gave are still as valid now as they were then and I expect MCE to be re-rated when the market comes to its senses.

Today I bought more shares at $8.18 after receiving money returned to me by Vocus. In the short term the share price will likely dip lower than my purchase price although in the longer term I believe this purchase price will represent excellent value.