Those are some beautiful numbers by JB. In saying that I did reduce my holdings today by 70%.
Not because I believe that there's something wrong with MSB. On the contrary I still hold 10k because those numbers are so delicious.
Problem for me is capital preservation. Interest rates in the states will have an effect here, like it or not.
I get the feeling that Australians are over leveraged as a whole and conservative portfolio management for the next 6 months might be prudent.
Also as any good gambler should, I set myself a limit of $1.625. It dropped below so I adjusted accordingly. If my feelings are right Il be richer than scrounge mcduck back ready to buy more MSB in 6 months.
Wish me luck.
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