Holy cow...........Hey finally a few sane posts today. Hey Dividend why not take your dividends from here on in and leave them in cash. Would it not be prudent to preserve capital rather than DRIP-ing in into more shares that are going to continue to lose market value. I would think that there will be an opportunity, down the road, to buy any of the 5 major Canadian banks at $20 or so per share.
For the record I covered all my bank shorts over the past 1/2 hour. All done legally I might add.
Anyhow here's Phoebe's Canadian bank PF and remember this PF was made this July when banks were already well off there highs........
portfolio performance: -32.68%