JOSEPH FARRELL, GMP Securities (05/29/2009)
"We are adding Pinetree Capital Corp. to the Small-Cap model at a 2% weight. The company currently ranks in the first decile of our multifactor stock-selection model. Q109 EPS was reported on May 13th and came in at $0.22 vs. $(0.46) in Q108 and ahead of expectations of $(0.75). The consensus earnings estimate for FY09 has risen from $0.46 to $0.80 since reporting. The 1.21% portfolio weight is created by 359,700 shares of PNP purchased at a price of $2.42."

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