MPS is dirt cheap right now

[spino1i]

MPS has taken a major hit recently because of the subprime [censored] and since no one really follows it gets very little love, but I think the hit is a bit unjust (it doesnt have anything to do with subprime) and I think the stock is going up.. ill just put it that way. I bought a bunch at 11.68 We will see what happens..

[CrushinFelt]

[ QUOTE ]
MPS has taken a major hit recently because of the subprime [censored] and since no one really follows it gets very little love, but I think the hit is a bit unjust (it doesnt have anything to do with subprime) and I think the stock is going up.. ill just put it that way. I bought a bunch at 11.68 We will see what happens..

[/ QUOTE ]

low-content theradddddddddddd

[spino1i]

[ QUOTE ]
[ QUOTE ]
MPS has taken a major hit recently because of the subprime [censored] and since no one really follows it gets very little love, but I think the hit is a bit unjust (it doesnt have anything to do with subprime) and I think the stock is going up.. ill just put it that way. I bought a bunch at 11.68 We will see what happens..

[/ QUOTE ]

low-content theradddddddddddd

[/ QUOTE ]

yeh I was hoping to see if people would agree with me after looking at the company..

[spino1i]

OK I know this post is just so devoid of content, but MPS is up 13% today. The market is down .5% to boot. So yehh uh if you guys had listened to me you would have made $$$$.

[spino1i]

Just sold 1025 shares (my whole position) at 13.69. 17.2% gain. Not bad for a day's work.

[APXG]

[ QUOTE ]
Just sold 1025 shares (my whole position) at 13.69. 17.2% gain. Not bad for a day's work.

[/ QUOTE ]

why sell?

[spino1i]

[ QUOTE ]
[ QUOTE ]
Just sold 1025 shares (my whole position) at 13.69. 17.2% gain. Not bad for a day's work.

[/ QUOTE ]

why sell?

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Very simple. The stock might be still undervalued intrisically, but I dont think other investors investing in MPS will figure that out right now. At least not until like 6 months from now. I think the stock went up by a little more than it should have, given absolutely nothing happened to the company. I suspect it will continue to hover around 13.7 or so. When the subprime crap is over or if I see MPS start displaying more promosing technical patterns, I'll be putting my money in there again.

[bills217]

I've got it valued at $11.91.

ROC not quite high enough for my taste either, but other than that the financials look pretty good.