I think $2.10!
Will let you and the board know what's my holding in a few weeks from today.
I held 40K shares of MGI for 9-10 years with a 2.5 to 3.00 average cost.I purchased when management came to an MBA class at the Uof M. At the time, my Economics professor had 30K shares. He worked for JFK and Lyndon Johnson. He would say to be totally out of stocks now but with Supergen and Cege technology, I purchased impulsively. How low can they go and how soon could you accumulate.I am sitting on a lot of cash, some CD's at 6.1% and gold collectible coins pre $500 gold price.I missed the oil because I was fully invested in stock at the time.
Your right mero, I see it too. Buy more ? Scary isn't it, to buy more as the stock goes down and your profit dwindle. When will it end, I say $1.80 - $1.85
I hope so, right now I have 26,000 shartes bought yesterday at 2.20. I knew it could go lower but it is a screaming buy.Waiting for the market to totally tank. I can see myself having 50,000 to 75,000 shares.