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Sun Life Financial Inc. Message Board

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  • rgock rgock Oct 23, 2006 10:24 AM Flag

    Sun Life keep MFS.....Smart move....

    The reason they are keeping MFS is because no one wants to buy it for the price they want to sell it. Scandals and under-performing growth mutual funds are not an attractive selling point. To take MFS off the market is in effect admitting defeat. It's like putting your house on the market and not getting the price you wanted so you take it off. Now when you go to re-sell it again, all the other buyers know you couldn't convert it before and you are now in a stategically weaker position trying to sell.

 
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38.05-0.18(-0.47%)Jul 21 4:02 PMEDT

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