A little bit of on market buy back is not a bad thing for confidence. Interesting that it's is trading below it's net asset value. Confidence is down following this recent draw down is equities. I still consider the long term bull trend to be intact and that the recent drawdown represents a correction rather than the start of a new bear market. But I am only on guy, not atlas. I will not hold up the earth. I will not sit through another 50% decline without taking some action to mitigate risk.
MGG Price at posting:
$1.46 Sentiment: Hold Disclosure: Held
