PIMCO Tactical Income Units Class A T.PTI

RE: TD Ups PTI to Buy from Reduce

[elassowipeo]

Nothing has changed? TD met with the new CFO who obviously explained some grand scheme to stop the sucking sometime soon, but not in fiscal 2006, or fiscal 2007 but in fiscal 2008. Patheon according to TD once it cuts its sucking businesses which is appears they bought too many and bought too quick over the last little while when then cut the low margin out are on the verge of greatness. One thing I did read between the lines does confirm that Patheon deals in drugs and some of those drugs end up in coffee cups when analysts visit executives. Perhaps if TD was wrong by a buck with 5.50 they are wrong the same at 8.50. There is still more disappointments to come and at its current P/E multiple and anticipated improvement timelines only fools and long term orientated investors should be in this. I prefer to think of this as a pump to sell into with the next earnings disappointment. New management means more deep house cleaning.