RE: RE: WashoutLess than 8% of MFC shares traded below $13.00 in 2010
Are we going to repeat?
Don't believe so..
After all the beating- up, MFC benchmark markets and interest rates are still up,
compared to last year.
MFC is also now hedged about 65%
The big goodwill & rainy day write- offs (provisions) are over, MFC are
working towards more profitability in the coming years.
Bond swaps are being used to hedged against earnings falling.
Mccsr is solid around 250
Panic selling is still possible, but MFC is solid from hereon.