RE: RE: Resistance levelGuess the charts forgot to mention that when MFC was trading at $15.00- $16.00,
the markets and interest rates were way lower.
Next week when we look back we will be sorry we did not buy this stock under $20.00
Based on today's interest rate and markets, the Q1 2011 EPS is already about 70 cents.
Now fast forward to November 2011, when we look back, the trailing earnings per share will be
above $2.50 times a PE of 13 the stock price will be above $30.00.
$2.50 estimate......Q4 2010 (1.10) + Q1 2011(.60) + Q2 (.40) + Q3 2011 (.40)
My opinion only.