I stayed with my prior take strategy and sold 1/4 at 4.14 on Thur. It will help offset some nice other 2013 capital gains for taxes. Holding 3/4 stake for long run. Positive NOI of +.01 was not enough to hold all, as I figure Wall Street already had factored it in. If 2014 NOI can stay positive after next quarter, a nice run up should occur. Still a long term hold after years of disappointment to regain confidence.
Operating income of $2.6 million compared to operating loss of $7.3 million in the first quarter of fiscal 2013
Adjusted EBITDA of $8.5 million compared to $2.1 million in the first quarter of fiscal 2013
This means that MLNK is on the up-trend track.
According to the above fact, we are increasing our MLNK target from $12 to $15.