GREY:MPRXF - Post by User
Comment by
hrattleon Nov 24, 2011 3:49pm
197 Views
Post# 19265270
RE: don't confuse the bad market conditions
RE: don't confuse the bad market conditionsBut through all of this management continues to work hard each and every day.
3P you don't get it! Management gets paid to do this - any less and they get sacked. I don't know if MGP will ever be a good company (or if it is now) I just want to know when it will be a good investment and right now it doesn't look that way.
Heading towards a 52 week low as tax loss season starts and with no good news expected till next year and possibly some bad news tomorrow from Headway I cannot think of a single reason to be investing in MGP today. Perhaps as we see how low this goes there may be some value. Would below 30 cents be attractive? Maybe.