Toronto-Dominion Bank T.TD

RE: Back to $ 65

[thebluenote]

At the end of this coming week's trading, the score will be Stopped clock: 14; Bluedork: 0

Your math skills are quite impressive.  Here's some numbers for you and your alleged mind to digest.  I've made over 2000% on both R & WTM!  I've made over 300% on GPR, KRI, MOL, MUN, NDM, EGD, GOZ & OK.............and that's only in the last couple of year’s pea brain!  So I would bet on my track record over you pathetic babbling any day of the week!

Little man, I've got bad news for you but TD bank, as well as the other Canadian banks, do not need a higher SP!  The Canadian banks DO need capital!  Comparatively their Tier I cap. ratios are better than most banks BUT in the grand scheme of things those numbers are still extremely low!  Factor out goodwill and quite a few other creative accounting practices and the Canadian banks are grossly overvalued and mired in risk!  To top it all off there are no prospects for growth going forward!

I can't think of a compelling reason to own any of the Canadian banks?   Is there any urgency to buy the Canadian banks? 

What I really should have suggested is that, whereas a stopped clock is right twice a day.

Boy I've never heard that before?   Extremely original?  Keep trying little man but you are the poster child for why some animals eat their young!

All the best,

The Bluenote