RE: CM / MBCNot a good price in my opinion. I think that all the Cdn banks are in for at least another 10% to the downside before we stabilize. Falling CIBC price will hurt MFC.
I believe that MFC also owns a bunch of BMO shares (correct me if I am wrong). If so, then this is dragging down MFC as well.
I think that TD at $58 and RY at $43 are easily in the wings this year. I don't own either, but I am licking my chops at getting these stocks back in my portfolio.
Larsen6