Post by
RayDonovan78 on Nov 10, 2022 1:47pm
Ross got hammered on this past pick at $41
But still feels its a buy !!
Comment by
Possibleidiot01 on Nov 10, 2022 2:25pm
BNN today PAST TOP PICK Laurentian Bank(LB-T) 09/11/2022 at 07:00pm (A Top Pick Oct 28/21, Down 22%) The thesis has yet to work out. New CEO is making changes. A good piece for a larger bank or insurer to take out. Stock's cheap, good upside potential. Happy to hold as a turnaround story. banks $31.900 Owned
Comment by
rad10 on Nov 10, 2022 3:26pm
If it's a top pick at 41 bucks, he must be jumping for joy at 30 and change..... lol. I am thinking of taking a punt on this though. I'm sure the big 5 must be kicking the tires.
Comment by
RayDonovan78 on Nov 10, 2022 5:48pm
Good luck, I dont think the big 5 would be interested in LB, maybe an insurance company or Canadian Western Bank but that is sheer speculation on my part.
Comment by
rad10 on Nov 11, 2022 9:16am
Just reading the "woke bonds" news release. It's amazing how wrapped up in ESG they are. Question is though - when does it become too cheap to ignore? I bought a lot of Wells Fargo last year when the wheels fell off. Cultures change over time.
Comment by
RayDonovan78 on Nov 13, 2022 6:36pm
I would possibly gamble sub $25 to average down. My FIRED financial advisor told me to by this turd 5 years ago in the high $40. Thank goodness I sold most and bought CIBC & BNS at the Covid lows.