RE:TD Risks An Earnings Hit From US Laundering ProbeThe key word being 'could'....the lender could face a much higher fine than previously expected as well as a significant hit to its long-term financial performance.
And I 'could' buy even more TD shares at $71. Go look at a max (20 year chart) of TD and see how much impact these seemingly significant events have on their share price over time.
The huge US hedge Funds are having a field day shorting the CAD large cap stocks on any negative news. Last year it was TC Energy neaten down to $44 CAD, look at it today. And Newmont to $39 CAD, look at it now. BCE, the most recent victim and it seems their done with that one now. But hey there's a new kid to pick on named TD. Quite the scam while the regulators pretend they're here to save us all. If the regulators were doing their job, this nonsense with TD wouldn't have occurred in the first place.
HB77