Value Microcaps Motherboard

[RMIWA]

MDF - As much as I like this stock long term, I sold 10% today at $2.75 and have another 10% limit at $2.84 for the day. I would be ecstatic to see it continue a steady climb, but past history with MDF indicates we will have a bit of a run and then a slow deterioration for a bit before the next climb. I do expect that even with slowing HMO membership growth we should be in the $3s by the end of the year. The two items that could derail that plan are a large increase in costs due to expansion or a reversal in the HMO growth. I would hate to see MDF bought out at this stage of the game, I would be much happier to reap the benefits of a profitable HMO over the next couple of years before that, if it happens. I can't complain, MDF has been more than a triple overall for me over the last few years.

Mat