Poor management team at MRE? See an analysts point of view.I have a full position on MRE but I find things scary right now. Why are they not announcing the earnings report date? Why did the stock take a huge dive on a fairly large block of shares today? And the SP dives on an up day for the competition. On Bnn's Headline yesterday the analysts were very bullish on MG and LNR (and the sector) but took pains to point out that MRE's management is very shareholder unfriendly. And she seems to be very nervous about MRE in general.
https://watch.bnn.ca/#clip1075939
The market is great, the sector great, but the management team is possibly not in the same league as the competition.
I own MG too, maybe I will use my leverage to compaign for a takeout of MRE. lol.