at the risk of sounding like a 'down ramper' my issue isnt that...

at the risk of sounding like a 'down ramper' my issue isnt that just FUM is going down that is a shallow way of looking at it

my issue is WHY FUM is going down.

ANY FINANCIAL AGENCY that deals with the ultra wealthy needs to have 2 things to keep going an impeccable reputation and consistency in results. Until the scandals MFG had both - solid reptation and consistent financial returns.

HOWEVER fundamentally this now has neither and if i had a billion dollars to invest would i trust these guys to invest it for me opposed to the competition - the answer is a resounding NO.

i honestly believe this fundamental change has still not been priced in there is still the army of people who think they can turn this around in 12-18 months the SP will be back over 30 bucks - the recent options offering proved that to me so many people jumped on hoping to ride a wave and instead got pulled into some pretty big losses at this stage.

this isnt financial advice but this train wreck is not going to turn around it will continue to decline - there is SO much good stocks on sale at the moment to be holding this is actually pretty crazy.

good luck to those holding but DYOR