montgomery's intrinsic value is $11.13 !!!, page-12

This stock just does not seem happy anymore, especially from a technical point of view. And yet amazingly there has been no profit downgrade to cause this. The market goes down and it goes down much more. The market goes up and it goes down. It is a long way from its recent highs.

I know MCE is a Roger Montgomery favourite but it seems most of his top stocks are being absolutely hammered lately. I think he developed a lot of followers when all of his stock picks were doing well... I wonder if this has dropped off now. Will sort out the 'true' value-investors. I know that he talks about the long term etc. but even he promoted the short-term success of his suggestions when they were doing well