MFG 0.83% $8.36 magellan financial group limited

Ann: Funds Under Management - September 2022, page-26

  1. 670 Posts.
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    And these guys laughed at me for being a downramper after they bought at $12 and popped champagne after a dead cat's bounce to $15.

    This is one of the most unprecedented incinerations of wealth I have ever seen in my nearly 20 years of investing in markets.

    I feel sorry for the wives and children of the people who invested in this company as they probably don't know how much money their significant other/parent has lost in this pit of doom.

    I'm expecting $5 next - this is going the way of Platinum. It will plateau at a level when all the "smart money" has left the room with only a few billion being left in the Magellan pot by disinterested investors who don't understand what alpha and underperformance means.
    Last edited by SaltyInvestor: 06/10/22
 
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Last
$8.36
Change
-0.070(0.83%)
Mkt cap ! $1.511B
Open High Low Value Volume
$8.44 $8.44 $8.24 $12.59M 1.510M

Buyers (Bids)

No. Vol. Price($)
2 8816 $8.35
 

Sellers (Offers)

Price($) Vol. No.
$8.36 1686 2
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