MFS mfs limited

the defendent, page-28

  1. 129 Posts.
    lightbulb Created with Sketch. 1
    twins92
    We all knew financial stocks were under pressure.
    This was especially evident in the case of MFS.

    As I have said every ripple in the US market due to the subprime crisis caused a significant wave of sell downs next day in MFS.

    That happened several times.
    Those that held did so at their own risk - an obvious risk.
    To this extent shareholders are to "blame" themselves.

    What I am saying is that the "blame" for those who have lost in MFS is partly their own - they took that extra risk and remained long in the stock.

    I am not saying the Board or management did not contribute but it's not 100% the Board's fault.
    The comments on here just fire blame at the Board and for all sorts of reasons, many devoid of any logic or commonsense.



 
watchlist Created with Sketch. Add MFS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.