One thing I have learnt (and I should of sold out of Medibank) was that any stock that seem to be auctioned off at the highest price (eg. AFG, MYO, MPL) I will stay away from. I am just lucky out of those lot MPL is the only one I bought into. Greenstone is doing the same and therefore there seems little room for movement. when I saw MPL a price at one stage from memory at about 2.45 and a PE of around 40, I thought I should be selling.,. but I didn't!
Only this stock and Other levels have let me down.. Wanted SLC but was not with Morgans. Morgans have now contacted me to see if I will setup an account in order to get Genex shares. I declined as there is no guarantee
