Downramper beware of MFS.
You hade over 10 trading days.
You had your time oin the sun. You also had the support of the media.
Whatever has been done damge wise......cash in fast.
I am also posied....I have a lot of cash...80% compared to my 20% cash in MFS.
Anything below $1...I will strategically top up and average down.
But I am lower and less experienced than the funds who probably fueld or paid ofr such strategic media down ramps.
The media and the forums ran a circus.
Time for MFS to rise above it all.
The brand is damaged. MFS will not go to $6 straight away.
But we will see $2-$3 prettly quickly.
With some solid workl from manaqgement...yeah maybe $4-$6 is possible.
hanks to all posters.
Thanks to the downrapmers too..I reckon I might be able to average down to 80 cents and hold till $3 from all the bad pblicity.
Serioously...thanks....its rare you come across a quick $900K from market dynamics.
Life is great.
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