Thanks Markie. It has certainly copped a hiding today. As David75 indicated, I do think that those investors who hold their Myer shares in their margin loans would be in a lot of trouble today and many may be forced to sell out. I suspect there are plenty of investors in this situation right now. Must confess I have some MYR in my margin loan and my account just went inside the buffer range - by accident I wrote bugger instead of buffer and it must have been the way I am feeling. Fortunately I am well clear of a margin call just the same. As is my habit, I have bought four lots of Myer today as they fall further and I am in there with another bid at 91c. I just have to work out how to pay for it.
GPASAS
MYR Price at posting:
91.7¢ Sentiment: Buy Disclosure: Held
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