I purchased at much lower levels, reached my 12 month capital gain mark on some of my holding and have better ideas than MNY at the moment.
My view on its relative value is around $2.40, however I have ideas that I believe are trading at a more significant discount.
Ray Malone knows how to create value, Thorney are backing this with their biggest single weighting, so it's still a great stock just not super undervalued anymore.
MNY Price at posting:
$1.80 Sentiment: Hold Disclosure: Held