CI Financial Corp T.CIX

Ink Research

[retiredcf]

Most active public-market buying insiders (all markets in Canada)
From August 16th to August 20th as filed and reported by mid-day August 22nd (000's):

Andrew DeFrancesco bought $2,018 SOL Global Investments (Sunny; SOL)
Linda Heathcott bought $1,095 ATCO (Mostly Sunny; ACO)
William Holland bought $604 CI Financial (Sunny; CIX)
Pierre Beaudoin bought $525 Power of Canada (Sunny; POW)
Mike Rose bought $306 Tourmaline Oil (Sunny; TOU)

[WindsorGuy]

Insiders buying is a big endorsement. This is not a bank dependant on higher interest rates. It manages money and collects fees. Low risk- high returns. GLTA

[zack50]

WindsorGuy, you must really hate the banking sector, lol. You make it appear as if Banks only make their money from "higher interest rates" and NOT from managing money and collecting fees.  Clearly, the interest rate is important to a bank as a primary revenue driver and in general banks benefit from an economic environment where interest rates are increasing. But surely you

[WindsorGuy]

Some good points but interest rates are not going higher anytime soon. Bonds rates are telling the true story. Covid is not going away.

[WindsorGuy]

Asset management is a more profitable business than banking at this time. Lots of consumers and business have heavy debt. Banks will have to increase provisions for bad loans. I also own some gold which is up while banks are dropping. GLTA

[WindsorGuy]

Very aggressive company. We have to trust management that acquisitions will be accretive. GLTA