Well, I'm glad with my decision of selling 70% of my MGX position at 1-3% loss for better opportunities in the US market (Amazon, Mercado Libre, Trade Desk, Hims and Hers, and Zoomd Technologies).
All of these purchases have gone up 20%-70% since. My regret is not buying more.
MGX is cheap, but not a great company, management hasn't been so eager in returning excess cash to shareholders quickly. If they're not delivering at financial year end and opportunities remain in the US market, I'll consider selling more of MGX if I run out of cash. However to be clear, my thesis on MGX is still intact so I'm keen on holding MGX.
I think tariffs will have more effects on US companies in the near term, hopefully more opportunities will come soon and I'll add.
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