This stock is going to get slaughtered when it resumes trading.
Look at cabcharge a couple of years ago, when the market first started accessing regulatory risk.
Regulatory risk for MMS has been completely discounted by the market over the last two years.
The market has been pricing the stock on a 'market darling' basis because of its increasing earnings (one of the few in the current market that has been able to consistently increase earnings). But these increases in earnings have been due to government policy.
A change in government policy will eradicate a good proportion of those earnings.
Cabcharge now trades on a PE of under 10 because of that priced in regulatory risk.
Its a long drop in share prices if MMS trades on a similar PE to reflect that regulatory risk.
MMS Price at posting:
$15.36 Sentiment: Sell Disclosure: Not Held
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