MFG 0.70% $9.95 magellan financial group limited

magellan continues to fall

  1. 18 Posts.
    MFG is falling again today. What is the general consensus on its long-term prospects? I own their stock and bought it because I believe it's well placed for future growth - they have increased the funds they manage, have made a profit and intend to hire new staff this year. However, I am beginning to wonder if it would be better to sell up now, wait until it reaches a more stable price, then buy back in.

    What's your opinion?
 
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