MOC mortgage choice limited

Good move I think topping up. With the director buying and the...

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    Good move I think topping up.

    With the director buying and the RC now focussed on other things (next up) can’t help but think the worst is over. I topped up a little during this as well.

    Interestingly, and as we have seen in this thread there is short positions out on MOC. I think many of the shorters have been quite smart as it was pretty predictable post divvy and with the RC agenda that there might be some selling pressure, as we have just been through.

    None the less, in my opinion only, while shorting this at 2.50 was a smart move, I can’t see shorting it at say 1.80 to be so smart. It’s a big dividend to go against and it’s quite possible the RC might end up net positive for MOC.
 
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