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clock Created with Sketch. 29/07/14
19:47
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Originally posted by songokou
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oh well nothing ridiculous really... it was the amazing pump and surge that was the ridiculous thing, that was the thing that was abnormal, this pullback can't be more "normal" ... could not believe some of the stuff I was listening to here... you really must wear your cynical glasses when dealing with a company that just had everyones knife and forks stuck into it. Bit naive to say debt is all over and things are all hunky dory now- true? So what type of an investor would buy into this? A value investor? no no siree. A fund? No no siree. A SMSF well researched retail investor relying it on for his/her retirement nest? No no siree.... So who? Who? Ahhhhh..... maybe traders , gamblers.... like you and me and us lol!
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Sorry, omitted the most important buyer / seller of this equation for MBN- the creditors themselves of course- for whatever purpose that benefits their position.
