GREY:LSTMF - Post by User
Comment by
coolandniceon Mar 08, 2012 4:31pm
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Post# 19645890
RE: RE: cibc new report names pbn...
RE: RE: cibc new report names pbn... Absolutely echo those comments.
In October when PBN was under $7 during the height of the European crisis, I was starting to panic wondering if my $8,000 investment was going to turn into another OPTI canada disaster.
I called CIBC's analysts and they convinced me to hold on and ride out the storm. I also gambled by buying another 1,500 shares after the Daylight acquisition (there were online articles at the time pointing out that DAY and PBN had similar debt levels and that PBN should therefore be worth $15-$20 instead of $7 in OctoberI).
Anyway, hats off the CIBC. They are my only brokerage and I can't say enough about quality, customer service, ease of use, etc.