I made a decision at the start of this year to post less often than in the past year, and only to post when there was a reason to, i.e. when there was some news to discuss.
As it has been very quiet on that front of late for MPO, much to my annoyance, I have not seen the need to post more. Perhaps that will all change very soon.
So it is very clear to all, not that I feel it is necessary to tell, let me say that I have not sold one share in MPO this year. And if I had thought that they would have fallen back to current levels from much higher levels, I would have taken advantage of it. So I got it wrong of late, so be it. It is one trading cycle that I have missed.
I think that Credit Suisse have got it right, the stock has been oversold.
MPO Price at posting:
$1.10 Sentiment: ST Buy Disclosure: Held