Honestly, its not worth trying to figure out whos selling and why. Whats worth figuring out is how much its worth paying for the companys shares and comparing this to the market (price).
Ive been very impressed with the result. And am especially pleased to see the changes to the dividend policy (suspension of DRP and new payout ratio taget to fund growth). This is exactly what I have spoken out in a previous thread and am happy to see management thinking about shareholders.
Considering this and the forcast for the year i see this as way under valued after this pull back. As a result I have doubled my holding today.
I still see value around $2.
MNY Price at posting:
$1.49 Sentiment: Buy Disclosure: Held