Quarterly portfolio window dressing is one of many immortal Jaberwock-like creatures that roam the granite canyons of the Wall & Bay Street jungle, sending inappropriate signals to unwary investors
Basically at the end of each quarter portfolio managers blow out falling stocks at any price in order to pretend they never owned them.
This could present opportunity for investors seeking out stocks victimized by this silly charade
The names of some victims - Ace Aviation, Algonquin Power, Cameco, Can Tire, Cascades, Forzani, Hudbay, Harry Winston, Jean Coutu, MacDonald Dett, MDS, Norbord, Nortel, Petro Canada, Sherritt and Transat AT
Bill Carrigan
Basically at the end of each quarter portfolio managers blow out falling stocks at any price in order to pretend they never owned them.
This could present opportunity for investors seeking out stocks victimized by this silly charade
The names of some victims - Ace Aviation, Algonquin Power, Cameco, Can Tire, Cascades, Forzani, Hudbay, Harry Winston, Jean Coutu, MacDonald Dett, MDS, Norbord, Nortel, Petro Canada, Sherritt and Transat AT
Bill Carrigan
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