Friday, August 5, 2011

Bought MBSB-WA - 5th August 2011

The selling pressure continues.  Took the opportunity to buy in MBSB-WA @ 0.74.  The warrant will expire in 2016, still about 5 years away.  The mother share, MBSB, just reported a very strong quarter earnings.  The PE is very low.  If MBSB continues to report such strong quarters, the share will definitely continue to surge.

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