MQG Macquarie Group

[winner69]

$17.50 now and plenty of action on the market today .... deny capital raising imminent .... getting interesting

Amazing not that long ago MCQ were in a race to become the first to become a $100 share .... and of the contenders I feel they have dropped the most

[Huang Chung]

Held MQG for a couple of hours today, but sold out at a tiny profit to pick up some Wesfarmers that fell back quite a bit by the end of the day.

Never really feel comfortable holding Macquarie.....

[The Big Ease]

tony boyd seems to know more about mqg than most pundits

http://www.businessspectator.com.au/...cument&src=sph

apparently nothing to worry about.
one thing i have noticed is that WES and MQG trade predictably on the MACD indicator.

[winner69]

In the $15's now ..... persistent selling pressre .... maybe even from the MacBelivers out there

MGC even startign putting out announcements trying to appease the 'misinformed' market

Maybe this is the beginning of the end of the Mac as we know it .... that guy in US who said it was a dud last year could have been right

Will shorting MQC be allowed next week ..... a lot of the gains to have made in doing that already gone ..... but heck could be very interesting if allowed

Worse still this could be the realisation that a lot of Aussie financial institutions (even the big 4) are not as safe as most thought .... is Australia still the lucky country? .... and wow what would be the implications for NZ

Interesting times .... the MCQ chart must be saying something

[winner69]

The announcement today sort of suggests a divorce from all the satelites .... have made our money on them and now we will let them fend for themselves

Mac gets reduced fees etc and takes some writedowns on their investments in each ....... and remorhs themselves into something else .... and hope there not too much reputational risk when a few Macquarie things go belly up

Just made MIG, MAP et al even more dangerous

Interesting stuff how the games the big boys play pan out ... and small investors think they can make a few bob along the way .... thats not investing

[Dr_Who]

Looks like game over for MQG.

[The Big Ease]

hmm why do you say that?

[geezy]

is shorting still allowed on the ASX? theres a piece of reports, those nasty hedge funds are trying to short OZ banks.

Macquire already started being hit?

[soulman]

Financial shares are still not allowed to be shorted as the ban has not been lifted. This include MQG. A bounce in MQG today but is this the dead cat version.

[geezy]

can mac bank ever stage a come back?