MBT is oversold without significant reason (based on fundamentals). I think there is going to be a significant bounce in this stock in the coming 14 days. The 8 P/E is also too good to pass up.
But in general, we should stay on the sidelines. Foreign funds wanting to exit our market is too obvious, too visible. Just open one blue chip and observe. They want to unload and prepare cash for elsewhere.
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