i agree with what you say about learning at the expense of share holders. it has been a long and painful road, and hopefully not for much longer, but it is what it is right now.
for mine, i'm more interested in character of these operators. i don't think there has been any willful intent. the main thing is that mistakes have been identified and fixed and the show keeps moving on.
as far as intent goes, i think that mco and their staff are legit and ethical, unlike many other coys i've owned in the past who've had a culture of self entitlement, and seen it as their god given right to dine at the expense of the shareholders and leave the slops behind. ironically some of these companies did well when times were good, but were never sustainable in the long run.
that is where i think MCO differ. if they had that mentality i believe they would have been bust a long time ago. they are looking to build value, and believe it or not i think they will get there, hopefully while gold is still in a bull market.
MCO Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
