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To: LoneClone who wrote (112080)10/17/2008 6:46:59 AM
From: golfer726 Recommendations  Respond to of 206191
 
You haven't lost anything until you sell. In spite of the quarter billion they are writing off, Manulife is situated very nicely to pick up all sort of distress sale assets in the US.

LC Wrong. Dont think that way. Its actually the converse. You havent made anything until you sell. If you own a stock and it drops, you have lost the money. Sure it can come back but you are in the same position as someone who just bought it at that price. No guarantee it will go up.