Manulife Financial Corp T.MFC

RE: RE: RE: Hoping against all odds

[bushhog1]

The consolation is $18.40 is not bad, because over the last 16 months, the total amount of MFC shares
traded under $19.00 is about 37% out of the total number of outstanding shares.

This 37% is made up of daytraders, shares crossing over, etc.
Therefore the actual amout of sell-off under $19.00 is only a small percentage.

MFC was Bill Carrigan top pick last night on market call tonight.

Can someone explain, why MFC had to write off $1.5B on Bond interest rate re mark to market CGAAP?
because there is no way they can lose money investing in Bonds

David Rosenberg

Globe and Mail Update Published on Monday, Jul. 12, 2010 6:46AM EDTLast updated on Friday, Aug. 20, 2010 6:38AM EDT

I find it truly amazing to see how many pundits refer to the bond market as if it is in some sort of a bubble. How can a security whose price is constantly projected to decline by the economics community be in a bubble? How can any asset class be in a bubble where the capital is guaranteed and which pays out a coupon twice a year. It makes no sense
Refer https://www.theglobeandmail.com/globe-investor/investment-ideas/experts-podium/bond-bubble-not-if-you-consider-the-facts/article1636514/