I think it's important to look at the NTA and share price together, rather than the share price on its own. Agree that MHH (and MGG) has been smashed; but the fall to the share price has far exceeded the drop in value of the underlying holdings (around 13% at one point for MHH). I have a lot of confidence in the Magellan strategy, and recently took a position in MHH on Friday.
MHH Price at posting:
$1.46 Sentiment: Buy Disclosure: Held