The Brains Trust - 2016, page-4743

Will be interesting to watch MEA when it opens (halted for review of prospectus forecasts). Late history suggests 50% fall won't be unreasonable if it's not-good news (SPO, SGH, DSH, CAJ to think of a few). Throw in some recent headlines stoking housing bubble fears for good measure.

Few warning bells when it IPO'd for me included the CEO offloading a good chunk. I'm not yet ready to trade CFDs, but that and SGH have been very paper-profitable so far (actually unsure if MEA was short-able...?).



GMA is also interesting to watch for a short. Lenders mortgage insurance provider. They should be the first in line if loads of people start defaulting on mortgages (thinking of Syd/Melb apartment glut mainly).