I wouldn't worry.
MFS may be the only green in a sea of read on wednesday.
Dont forget....all those getting hit down at 10% a day....MFS got it in one day.
Unless they fold....MFS is set for some kind of rise.
Media did a good job on these guys...then again...thats their business....they need to hype things to sell papers or hits on their sites.
I wouldn't worry about MFS. DD was done by a people and thought the CIY takeover was putting MFS undervalued.
Then stupidly...the sacked director released that stupid plan (it will be reversed imo) with impeccably bad timing and highlighting the WORDS "DEBT...............DEBT............................DEBT ...............REFINACING NEED............."
and kaboom. Down she goes 60% +
Its ok...it had all the required points for such a fall if some bigger powers wanted it to fall....but honestly......1 week ago......after due diligence by CIY...they offerend more than $4 a share for MFS.
Nothing has changed.
The Steller business is now being looked at by other parties.
MFS may not rebound to $5...but we are at a quick rise to $3.
Good story this one.
RHG..Inunderstand the fall.
CNP yeah....on a razor edge till Feb 14 with 3.8 billion needing refinancing.
MFS...already can cover the 150 million to be repaid in march.......and it goes down 60-70%?
See you guys Wednesday.
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