A year ago you were calling MFG and PTM buys and talking about backing up the truck for MFG at $20.
All of a sudden you're talking about inflation, hits to 2023 earnings and a weakening stock market as if its breaking news, a year ago before the bulk of this bore out you said virtually NOTHING about it.
Meanwhile SnP500 still down close to 20% and bottomed nearly 30% down, but apparently a year after the fact you're a financial wizkid for figuring out what inflation is and how bad its going to be for market.
Moronic.
Even more ridiculous? Holding MFG on the basis that you think the stock market will contract over the next 12 months, the last time this happened MFG managed SEVENTEEN PERCENT underperformance in a single year. Even without underperformance this stock is going to be $5 in an extended bear market.
A year ago you were calling MFG and PTM buys and talking about...
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Last
$8.50 |
Change
0.020(0.24%) |
Mkt cap ! $1.536B | |||
| Open | High | Low | Value | Volume |
| $8.45 | $8.52 | $8.41 | $3.903M | 460.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2669 | $8.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.50 | 2799 | 3 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |