RE: the TIDES are turningSMF069...question why are you even posting on this board??? You obviously like penny stocks you obviously don't hold any BMO stock...SO why post here? Just wondering.
I can understand Ivana... and the other Bank Basher posting here... they some how think they can sway the entire market into shorting the Banks further...thus improving their personal short positions????
To that... all I can say is the one sided media (Bad news leads) can do a better job of manipulating fear then any bull board poster can.
But hey, it's a free world and opinions can be posted...even the less then meaningful ones.
It's obvious we have buy and hold people (The longs the dividend collectors) we have the shorters here (why I don't know?), the swing traders, and the day traders etc... Each think they are right and have the best plan.
Your all right! get it!!
The world maybe not need gold... but it does need oil it needs metals, and Uranium, commodities are not dead...and just because a bunch of hedge funds bailed on these recently for profit taking reasons ...won't stop that fact...they will come back.
And guess what... the Banks aren't going belly up either, and contrary to SMF's post he doesn't have inside information on BMO's books...!
And Canada is moving along just fine, BMO posted their Q1 to Q4 reported and project earnings...they, like all the Canadian Banks will once again make a profit...how could they not, they have almost a monopololy on Canada. And we are still buying homes and cars etc.
So lets pipe down the name calling, and the... "I am better and smarter crap"...alot of different methods can work.
I will say statistically shorting is way more risky...but that's where I'll leave it!
Everyone have a great Easter... have a quiet enjoyable long weekend.