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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (27853)3/4/2005 9:26:07 PM
From: Carlos Blanco  Read Replies (2) of 110194
 
disclaimer: i own both NTO and AUY.

wrt. NTO and timing of sales, there are a number of drivers and dates in the very near term that traders might want to keep in mind...presentation at the BMO conference, earnings & status update on march 9th, reco by frank holmes on bloomberg with a $10 target, and fund positioning ahead of this rumour about march 18th:

The S&P Canadian Index Committee is expected to make changes effective after the market closes on March 18, UBS said.

UBS calculated that Duvernay Oil Corp., UTS Energy Corp., Savanna Energy Services Corp., Northern Orion Resources Ltd., Thunder Energy Inc., Yamana Gold Inc., and CryptoLogic Inc. satisfied the criteria for inclusion and may be added to the composite index.

Adding companies to a benchmark index often gives their stock a boost, because index-linked funds then have to buy the shares.


the frank holmes bloomberg interview can be watched here:

nyvidsrch.bloomberg.com
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