McFlint

Merrill's Muddled Analysis: Another Reason I'm Bullish on Financials

When all is said and done, the banking system in the US won't collapse, the economies of the world will not dissolve into chaos, and this will be just another footnote in history. Traditionally speaking, economic crisises have always looked much worse at the time, than they have proved to be in hindsight.

Lets face facts - the selloff has been overdone, and the only people baying for blood are those who did not see this coming and have made hefty losses. I feel sorry for you, but that is part of the game. Investing involves risk.

The situation may not be pretty, and the moves MER is taking to extract themselves out of the mess may equally be unsavoury, but at least they are tackling the problem and working hard to restore shareholder value.

When all is said and done, I bet almost anything that the SP will at least double this (at present $26) in under two years time.

Lynching Merrill: Is It Murder or Suicide?

When all is said and done, the banking system in the US won't collapse, the economies of the world will not dissolve into chaos, and this will be just another footnote in history. Traditionally speaking, economic crisises have always looked much worse at the time, than they have proved to be in hindsight.

Lets face facts - the selloff has been overdone, and the only people baying for blood are those who did not see this coming and have made hefty losses. I feel sorry for you, but that is part of the game. Investing involves risk.

The situation may not be pretty, and the moves MER is taking to extract themselves out of the mess may equally be unsavoury, but at least they are tackling the problem and working hard to restore shareholder value.

When all is said and done, I bet almost anything that the SP will at least double this (at present $26) in under two years time.