Update: MGT Technology's Q2 Earnings - Owning Up To The Worst Call Of My Career
- MGT reported second quarter earnings that showed substantial improvement over 2013.
- I fear it may be too little too late as the company's share price has shaved over 2/3 off its value since I recommended it.
- The company failed to execute on its plans that caused me to opine on the stock last year.
- The stock would need to triple to be back to where I made the call.
- I own up to the fact that this is the worst buy call of my career.