Australian sub prime mortgage market.

I know, but I'm still guilty

Some whippersnapper on another thread even insinuated that I'm an an old fart - can you imagine that????

 

Who would do something like that?

BTW hope your pension fund is holding up in this fiscal crisis.

 

Whipper

 

Snapper

 

BTW, isn't it past your bedtime, sonny?

 

If by "bed" you mean "sofa" then maybe :\

 

no he is from the velvet glove group

 

maq b stock is at 8.7 today , AFTER the bounce . if you don't buy in when the PE is below 10 , then you're not realing looking to make money from this circus . just a monday expert .

i say end of year

 

QED = Quad erat demonstrandum = that which was to be proved. Didn't any of you lot do maths (or Latin)?

 

I'd say end of the financial year. Not saying it will stay there.

I'm good for a bet but some odds would be nice.

Edit: Despite P/E ratios that are arguably high, where else does the super money go. Criminal levels of unindexed stamp duty are putting too much friction into property dealings and rising rates won't help that sector either. If I could be buggered, I'd be punting on the market right now.

 

i think we had a share trading guru who was telling us about macquarie bank shares being easily worth $100+

just wondering how they're going now?

anyone know?

 

If there anything like mine PP they have gone south, even past Antactica.

 

dw mate, it'll pick up again. Just another Rothschild's game.

 

Does this make any sense??


http://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=MBL#closing_prices

 

Its PP's criptic mind at play again Paps

Today they closed at $51.

 

actually, no.

geez....who was that brilliant guru again??

it's on the tip of my tongue.

 

http://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=&asxCode=mqg&companyName=&principalActivity=&industryGroup=NO

They changed from MBL to MQG (Macquarie Group)

 

a lot of people bought them few month ago when they were $78, thinking that was the lowest point. It'd be interesting to see how deep this hole goes.

 

$51??? oh. that's not quite $100.

guess whoever it was wasn't such a genius after all.

still he WAS good at copy and paste...that's quite an art in itself.

 

Closed at $51, down 2.6% today and down $10 since last Wednesday. Can anyone see the trend on the graph below ?
Anyone hazard a guess on where it might go down to, and when ?

M
Image Unavailable, Please Login

 

All I can say is that it wasn't me.

I make my own decisions and keep them private albeit bad ones at the moment.

All I have said is you really loose if you need to sell. I only have a small amount invested and I take it as a learning curve.

 

ouch!

golly...it would have been a terrible mistake to take that person's advice!

i guess some maidan error in judgement based on his advice.

damn...if only i could remember who!!!

 

Your doing and RB. Its Broker Gate. You know who said it and are just trying to get someone else to say it.

If you no who it was have the balls and say it.

 

brett....mate...i'm 52...i have a terrible memory!

i remember it being said....but hmmmm...who, i wonder....who????