Averaged Down7 Jul 2020 14:21
I have just bought another 1K @374 to average down. As a long term investor with MCRO, I am dismayed as to how this SP could have performed so badly, regardless of everything that is going on at the present time, remember it is the same for every other company out there. I have been invested in this company for many years, as a result I feel the need to average down and hope for a steady recovery. Everything that has gone wrong with this company, started with that ill-fated merger with HPE. The management of HPE, obviously saw MCRO coming and could not believe their good luck, I t was a masterstroke to offload and at an extremely high valuation. The same had happened to them, when they got stung by Autonomy. Now the BoD need to sort this out, one way or another, if it means dumping the HPE business for whatever they can get for it.