All SP on all stocks are down and not in any way indicative of a stocks true value.
I am not trying to get out and nor should anyone else in this undervalued market. I love my MNF stock because I beleive massively in the company and it's directors. Do I need to remind you of it's stellar financial perfromance over the last 3 years with it's 100% PA growth, low overheads and FY09 profit forecast?
4C is due in a week or so, I know they are tracking very well and the 4C will show this. Whether it is enough to allow for the SP to stage a macro recovery in this market is anyones guess. I believe that we are still about 6 months away from an overall market recovery.
No one is dumping MNF shares, just look at the paltry volumes.
MNF Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held