RE: RE: RE: RE: Dividends safe for Canadian Banks.foggydayz....it's far easier to make people fearful... then to stir up greed...the shorting scum bags ( another posters words not mine) ...know that ...!!!
If I had listened to the doom and gloom bunch on the NCX board... I would have missed a huge pop (even if it was a surprize) ...I was prepared for a slow grind back up but I knew it would be worth while and It turned out much better then I thought...I went from 1.71 to 6.81 in a matter of weeks!
I agree with LordV's post RY will make money and it's very unlikely there will be a Dividend reduction ...at .93 cents a share profit there is no need even if it went to half that...RY could still fund the Dividend!...so why do you have this view??? Your watching way too much YouTUBE.
That's my question to you...what data do you have that everyone else doesn't have... Please share.
A lot of people here are just day trading and shorting ...look a bit farther out.
I am still sticking to my view RY is way way over sold and still in a support range right now. I am holding and in fact I bought 200 more today.
Cheers