mxg - tossers at the australian, page-13

re: so where to from here? might be good, Xerxes.
Those that bought PPX at $2.90 just a few weeks ago probably also thought the bad times are behind it. Suddenly there it is at $2.33.
And I remember all the talks on HC about PPX having a great yield and all that.

Wonder if MXG will get their credit rating slashed to junk bond status aswell. Would that hurt ANZ?

MGR has also fallen more since a small rebound. Need to be patient with stocks that issue a profit warning.
People will see bounces as good opportunity to get out. Those that bought MXG today from $2.30-$2.40 might just sell on a rise tomorrow, and the cycle of bounces and more selling should bring it lower until it finds a bottom.
Where there's smoke there's fire. Not sure the flame is fully ignited around MXG yet. Margin calls still to happen aswell?