I closed my short last time it dropped suddenly to $8.7, rightly so I was getting very nervous off the basis of US markets picking up (which I believe they will continue) as well. Didn't make as much as I'd hoped and I wished I got the discount for holding 12 months but can't complain about 10k. The companies investment numbers whether luck or otherwise look good enough to steady the ship, no reason to short into volatility and confusion, I was hoping for a progression of the titanic rapidly sinking in the iceberg field which unfortunately isn't the case currently.
Its possible this company has become a buy, metrics have clearly improved quite a bit and it is very cheap. I personally won't risk it because I'd rather be in leveraged tech indexes or crypto when it comes to high risk/reward over MFG which is still more of a gamble imo.
MFG Price at posting:
$9.75 Sentiment: Hold Disclosure: Not Held
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