RE: RE: in times of uncertaintyGood point, cut the dividend and the dumping continues, isn't that what
was causing the dumping in the first place.
I simply don't trust this CEO and his team anymore and I am glad to see
so many of my learned friends have so much faith in this CEO, but wouldn't
not say why, only saying childishly to get out if you don't like him.
MFC usually forewarns if a Quarter is going to be bad, but never did for
Q2 but has already forecasted a bad Q3 and a possible goodwill impairment
write-off for Q4.
This management is scaring the living sh*t out of shareholders.
Companies have all learned from the "panic depression fear sell off"in
March 2009 and most have deleveraged and are well position for the future.
Only MFC is heading to retest their 10 years low.
However I guess all the bad news are already baked into the stock price and we are hovering
at its low range, so the gobbling up will start soon.
.....bargin price, shorts covering, average down, long term investors, etc.
Good luck