GG, may I quote your post #784 "I am still looking at picking it up at $8.00"
" " #801 " I would predict that MQG will go under a dollar". If you think that MQG will go down under a dollar, why would you bother to pick it up at $8.00???? Your posts are a concoction of downramping, confusion and grudges, since you haven't been able to present any reasonable argument to support your opinions.
Mate, Nick Taleb the guy who wrote the Black Swan book on rare events and the consensus of fools in the market, relates a conversation he had with George Soros one morning at about 10am.
Soros as you know is in the top 50 richest men in the world and is a skilled speculator.
He asked Soros was he bullish or bearish on the US dollar. Remember this was 10am. He told Nick he was very bearish.
That afternoon at 3pm Soros appeared on TV being asked why he had bought up so many US dollars, since midday. He said he was bullish on the dollar.
Aggrieved Nick rang Soros and George said to Nick in explanation
" Never be afraid to change your mind. After speaking to you , I took on board some things you said and changed my mind."
And that is what I do, and that is what I would advise you not to be afraid to do.
MQG may go to a dollar or to $100 over the next few years, as may any stock.
None of us have a looking glass, just opinions and I value yours as much as my own, and I will change that opinion as circmstances demand.
On a fundamental basis I have on many threads in this forum questioned MQG, MBL as it was, BNB and other "banks and financial institutions" who speculate, double dip, lend to set up satellites and then charge fees for for accounting and pay their executives and board indecent fees and option packages. I will continue to do so.
On the Allco Finance thread people were just as strident as you are in its defence and good on them. It no longer exists. Shares are worth 0.00.
For what its worth on a charting basis $35 is a bit of a ceiling on this stock at present.
gg