Stocks rise and fall - people switch into perceived greener areas for quick returns - MFG seen as providing lack of acceptable returns and the turmoil within. The share price level is the problem - then the blame game - negativity feeds into fear, panic and bailing. Only recently bought in - if it were to fall to low 20's I'd also have a problem on paper at least. Not panicking, not sure whether that can be said in the market place, judging by the quickly retreating sp.
Now for the wait for the next divvie early in the new year - I assume there will be a divvie??? Also assume sp appreciation leading up to same. As with all stocks there are always naysayers - not I, as happy with my buy in price. Stocks rise and fall (just to reiterate).
MFG Price at posting:
$28.87 Sentiment: Hold Disclosure: Held
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