When I bought a heap of MFS thinking a 70% fall would at least give a 10% rise on the next day.....I woke the next day to see MFS go into a trading halt and while hopeful of things being sorted....the debt was just to large to sort and let her trade again.
BBI has $9 billion in debt?
and a white knight is supposedly coming.
WE never know the full story. I lost a heap on MFS....and I really really hope people don’t get hurt here but I have a gut feeling BBI might be heading towards the fate of MFS.
I get nothing from this post but to plant a seed in anyone considering a trade...just make sure you can afford to lose the cash you put in...if you do.
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