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To: Tommaso who wrote (67396)10/7/2009 10:52:38 AM
From: loantech  Respond to of 78407
 
Did your INO piece from a couple weeks ago show gold bottom? Maybe so.



To: Tommaso who wrote (67396)10/9/2009 8:35:15 AM
From: loantech  Read Replies (1) | Respond to of 78407
 
Are you familiar with this and in your opinion does it have validity?

Globe says Manulife, others may start to beat a retreat
Ticker Symbol: C:MFC C:LSG C:FIU C:FEL C:NGD C:CGO

Globe says Manulife, others may start to beat a retreat

Manulife Financial Corp (C:MFC)
Shares Issued 1,614,100,354
Last Close 10/8/2009 $22.70
Friday October 09 2009 - In the News

Also Lake Shore Gold Corp (C:LSG) In the News
Also First Uranium Corp (C:FIU) In the News
Also Fairborne Energy Ltd (3) (C:FEL) In the News
Also New Gold Inc (C:NGD) In the News
Also Cogeco Inc (C:CGO) In the News

The Globe and Mail attempts to identify companies that are not likely to perform well in the latest quarter in its Friday, Oct. 9, edition. The Globe's Scott Adams writes in the Number Cruncher column that he considers what surprises analysts have predicted in the past and then sees if they are projecting more. Then he considers recent downgrades to earnings estimates by analysts for the current quarter and year. Finally, Mr. Adams looks for negative changes in analyst recommendations. Mr. Adams considered only Canadian-listed companies with market caps greater than $250-million and coverage by at least three analysts. Most of the companies making it onto Mr. Adams's list have had earnings estimates cut drastically in the past couple months. Their earnings momentum, however, has not hurt the stocks in the past three months, as the market is up sharply and has bid up deep-value stocks. Mr. Adams warns that these stocks could reverse direction if they produce a poor quarter. Companies with profit momentum warning signs are Lake Shore Gold, First Uranium, Manulife Financial, Fairborne Energy, New Gold, Savanna Energy Services, Silver Standard Resources, ATS Automation Tooling and Cogeco.