MCRE---I know nothing about it, so here goes.
Down a ton, $2 cash, and no debt. Had some insider buying in the $3-$4 range, but then a couple insiders filed some Form 144 "intentions to sell". No idea about management or their business.
If both those issues are favorable, it could be a winner.
I'm looking at PRD, ELY, CDCO (still doing DD), and a few precious metals stocks like NEM, HL, HM, and BMG (have been accumulating all).
The first three are way down and have had some insider buying, to one extent or another.
The PM stocks are also way down, and have had a little insider interest. But of course gold and silver have been in bear markets for going on 20 years.
I think you could buy them for long term holds (buy now, more on weakness) and make a lot of money, or just to get a Jan. bounce.
The first three are riskier long term, but also candidates for a bounce now that tax loss selling is over.
I'm not overly optimistic on the broad market (understatement), but what's new?
I've seen bubbles, and I've seen over valued markets, but this is on a whole different level.
I suspect it won't end well for the unprepared.
Happy New Year.
Dwight
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