general discussion, page-1303

I think there are a range of reasons it's dropped.

1. Market has drooped as a whole this month - fairly red day yesterday but should look up a bit on Monday
2. Inflation raising cost of living so people need cash to live so they will sell some their investment because they have to.(I can't understand the reasoning that we need good strong banking sector - if they made $4B profit instead of $6B profit wouldn't they still be a strong sector??)
3. I think the patience of investors these days is much shorter - getting to the attention span for television( last measured at 9 seconds). Many investors expect profit within days or weeks and not months.
4. The leadership of LMG is not the sharpest tool in the shed, so to speak. I wish they would get a new dynamic CEO and DP just chairs the Board. Communication is not LMG's forte'.

Not much is going to happen until April - this is one you put in the bottom draw and look at it next fiscal year.