It's not a favorite strategy of mine, but on occasion I plead guilty.
Would I average down with MCP?
I would unequivocally sell MCP.
Am I aware of the book value exceeding current market value?
I am. Does this alter my thinking? It does not.
Norm - you are 100% correct .....sorry about your loss but u did the right thing when you sold, just think how much more you would be down if you had held your shares until today !
MCP still has 100% downside and it's coming faster and faster ! Delisting is also on the way !