Genuity pushes sell button on Manitoba Tel

2 responses

  1. Richard says:

    Anything to be bring down KO… what else are you gonna come up with? Genuity was the only firm out of 8 research firms to come up with a sell rating on Manitoba Tel as of this morning…

    New ratings as of 12/08:
    UBS, Desjardins, Haywood and TD with a ‘Buy’

    Merrill, RBC and Scotia with a ‘Hold’

    Genuity with a ‘Sell’

  2. Mark McQueen says:


    If you think it was unfair to point out the sell news from Genuity, rare as sells are in the brokerage industry, I’m happy to amend the original post and have now done so. Life is short.

    GMP also has a “Hold” rating, and as you likely know, Holds that have a 1 year share price target that’s $1.69 below the current quoted share price are often “whisper” sells. I see that Genuity and GMP are right so far by the way, with MBT down 4% in the two trading days following the release of the quarter. Talk about Waiting To Get Paid. 😉

    For the record, I’m not trying to bring down anyone. This is just a blog. If OGE.UN:TSX shareholders would like a guest post on our site one day, describing why you think the O’Leary Fund is a wise investment, I’d be pleased to accommodate.


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