credit rating downgrade, page-72

Let me be frank and admit that although I look at fundamentals in a company, I also try to make money in a dead cat bounce...

I have been watching MBN closely over the last few days for a chance to get in... The management is honest and ready to take failures in their stride. They are looking out for retail shareholders like you and me and hence a flat hard truth in every announcement.

I cant tell if there could be a big turnaround but looking at the anns, I feel mngmnt themselves are not very confident. They can clearly see the writing on the wall and are trying their level best to make the shareholders see it as well..

As I remove MBN from my watchlist today.. I would suggest putting your dollars on a trifecta in cup next month.. You might have better odds there.. Please dont treat this as an investment advice.. just an oustider postiing my HO