Stockchase Opinions

Michele Robitaille FMF Capital Group Ltd. FMF.UN-T DON'T BUY Sep 16, 2005

Not a fan. Has some real concerns on the long term viability of this business.
$6.990

Stock price when the opinion was issued

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WEAK BUY
A new one. Very susceptible to the refinancing industry in the US as they are refinancing their mortgages. A higher risk. Good yield.
STRONG BUY
In the non-prime mortgage origination business. Has been really damaged over the past several months. Has been buying at these levels. The yield is now running at 20% plus.
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Very sensitive to interest rate hikes. Can't see a resurrection of this name.
DON'T BUY
This one had a major blow up. It's a very tough field. Management has indicated they are making new changes in line with interest rate changes. Not a field he feels really confident in.
SELL
If you can get anything at all for this, you might as well sell.