MQG 0.65% $235.40 macquarie group limited

mqg is a steal at this price, page-38

  1. 1,082 Posts.
    helium2,

    I understand your frustrations.

    This is not a one man crusade. There are plenty of others who get it out there. Given the daily volume of this stock, I guarantee my comments have no effect on the SP.

    What I hate are people who ramp-up a stock without any knowledge of how the business works. That is more dangerous I believe than what I am doing (which is pointing out the structural issues), because those that follow up-rampers will actually lose money. If you had listended to me when the stock was way over $40, then I would have actually helped you.

    There are only a few stocks on the market that I truly understand and they are the ones I will continue to follow and comment on.

    I don't enjoy seeing others get hurt, but we certainly are in interesting times with investment banking stocks, so I do take just as much interest in stocks that get smashed as in stocks that rise. It is not unhealthy to have negative views - some people just don't want to listen though.

    This is not a transparent stock I assure you, so I am just trying to challenge the thinking. MQG set up me for life financially and I happily let it happen, but it doesn't mean I completely agree morally with what I used to do.

    Best of luck anyway.
 
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