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Metro Bank continues to take the...mickey

By Chris Bailey | Wednesday 21 October 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


You know my long-standing views on the desperately challenged Metro Bank (MTRO), which trades at less than 5% of its share price level from two years ago (which itself had already halved from the all-time high). In short, a mega dog investment. Back in August, I observed that ‘Metro Bank remains late to the party and full of challenges’. Today’s sad sack of an update reiterates this with knobs on…

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