I agree I don't have as much knowledge as you on MFG. While today's pullback might be just a blip it shouldn't deter those who are holding it for "LONG TERM" and hoping for $20 plus.. MFG is not a resource/oil play that has made is big discovery and will continue to adjust to a fair market value.. It is like one of those Babcock Allco Storm et all... Financials are the flavour of market right now and Resources are laggard.. This will change at some point given attractive valuations..
MFG is highly concentrated to US stocks which has done pretty well in the past few years. Will those stocks continue to outperform Non-US stocks is the question for future..
Technically, it is what it looks..
MFG Price at posting:
$11.80 Sentiment: None Disclosure: Not Held
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