MFS mfs limited

twins92We all knew financial stocks were under pressure.This was...

  1. 129 Posts.
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    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.



 
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Currently unlisted public company.

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