MCE 2.13% 23.0¢ matrix composites & engineering limited

adventra said:"Roger is a tool."Yes he is. As muc as UBS,...

  1. asf
    9,888 Posts.
    adventra said:

    "Roger is a tool."

    Yes he is. As muc as UBS, Morningstar, the AFR, the Intelligent Investor, etc, are a tool for information, so is RM. The II guys just put a sell recommendation on a share I own (IFM), and the price plummeted (before their public recommendation- were they selling?) and then post-recommendation. What can we do, though? We love when these people- Roger and the like- put a buy recommendation on our shares. Circumstances change, though, and Roger is entitled to change with that.

    Roger's recommendations won't sway the funds, only retail investors, in my view, and if there is big money leaving MCE, it is probably not due to RM, but due to results.

    I sometimes watch his Youtube videos, and watch a few companies that he has low valuations on, to see if the SP will fall to that level. MCE became an 8-bagger or something, and has now pulled back, but wow, it had a good innings. I doubt RM was responsible for suc a superb rise, and I doubt he can be blamed for its subsequent fall. I like his free info. No subscription needed.

    A tool, yes. A hero or zero? Nope.
 
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