MFG 0.19% $10.62 magellan financial group limited

Shorters are crying, page-168

  1. 745 Posts.
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    ‘If you had bought all the way down, you'd be sitting on nearly 40% profits, plus dividends now’

    Mate - you must have an interesting interpretation of ‘buying all the way down’ because this stock peaked at $74 in Feb 2020.

    If you bought all the way down you’d have been buying plenty of $40 and $50 and $60 parcels through 2020 and 2021.

    Even $16 and $18 parcels in 2022 are well under water.


    ….and even most 2023 and 2024 parcels aren’t much better than square.

    Dividends make a small difference

    I’m sorry but if you ‘bought all the way down’ on this stock you’ve been slaughtered.

    ps I was compelled to comply because I partly lived it!

 
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1 2500 $10.60
 

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$10.64 468 1
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