This has been a good little run - definitely justifying our sub $8 accumulation.
I'm thinking of looking to accumulate more but do you think its better to hold off at these prices.
The reason is I only got about 75% of the amount I wanted because I wanted to get on IRI at around the same time I was accumulating MAQ. Also my other IT play is MLB, which is trading at (i believe) good value at the moment.
However, my preference with IT/Cloud/NBN plays goes like this:
MAQ, IRI, MLB (I'm speaking in terms of how good the company is, well run, growth, stability etc - not current SP value) - I'm not buying NXT at all.
Anyway so in light of my belief that MAQ offers good growth prospects at a really low risk level (because of no debt, profitable, etc) I'm still keen on the company but am in two minds about whether to accumulate more in the current range or just let it be now and hold on for the (i hope enjoyable) ride.
Would be interested in your thoughts in terms of trading range, and at what price you would be selling, if you're feeling inclined to share...
MAQ Price at posting:
$8.90 Sentiment: LT Buy Disclosure: Held
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