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Strategies & Market Trends : Value Investing

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From: MCsweet	11/10/2014 2:38:32 PM
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MMAC, I know. I know. It is bad show to post a stock after it is up. Shame on me, but superficially I like MMAC at 9.00 with a book value of $11 and good buyback during a very nice quarter. Company bought back 240k shares last quarter and will continue to buy back to book value. Had a reverse split last quarter, which might explain some of the recent weakness. I own a little bit of it and will be listening carefully to the upcoming call to get a better feel for the business. MC PS: This showed up on my buying-back-below-book screen. Talk about alliteration :)

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