Q: I purchased MDA in August ($80x200sh) and it's done some sideways action since then, with the exception of the last few days where it's flirting with the $75 mark. On Friday, I purchased $30,000 of it in my margin account. I know you've rated it as a A- stock, but I'm wondering whether the interest charge and sudden decline is worth the risk.
Could it signify a "leak" like HNL?
I'm wondering if I should just sell before there's any further decline.
Your comments please...
Could it signify a "leak" like HNL?
I'm wondering if I should just sell before there's any further decline.
Your comments please...