Hi LO, Re: resurfacing of MIC..............
I'm glad to see it approach its 130 day Moving Average. Maybe it will start to attract some attention. Value Line gives it a "Timeliness" of 1 out of 5 with 1 being most timely. They show a 3-5 year "Appreciation Potential" of $50 to $80 (May 25th Report).
Things started looking better around the beginning of June. Unfortunately my timing on starting this investment wasn't too good. The "W" shows my starting point. Loss has been mitigated to just 13% with collected dividends and downward averaging. First block was purchased at $64.50 then added 50% more at $38.35. I further added shares in the $37 range. Share count is up 93% from my first purchase. Break-Even will occur around $50+.
I'm glad to see it approach its 130 day Moving Average. Maybe it will start to attract some attention. Value Line gives it a "Timeliness" of 1 out of 5 with 1 being most timely. They show a 3-5 year "Appreciation Potential" of $50 to $80 (May 25th Report).
Things started looking better around the beginning of June. Unfortunately my timing on starting this investment wasn't too good. The "W" shows my starting point. Loss has been mitigated to just 13% with collected dividends and downward averaging. First block was purchased at $64.50 then added 50% more at $38.35. I further added shares in the $37 range. Share count is up 93% from my first purchase. Break-Even will occur around $50+.
Best regards,
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