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Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

The Bank of Nova Scotia is a bank in the Americas. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Its segments include Canadian Banking, International Banking, Global Wealth Management and Global Banking and Markets. The Canadian Banking segment provides a full suite of financial advice and banking solutions to retail, small business and commercial banking customers. The International Banking segment is a diverse franchise with Retail, Corporate, and Commercial customers. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across its footprint. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets.


TSX:BNS - Post by User

Bullboard Posts
Comment by HybridSlinkyon Mar 01, 2010 11:41pm
313 Views
Post# 16832020

RE: Trending up for a nice short??

RE: Trending up for a nice short??I'm with you narmac.  FWIW I would wait until all bank earnings come out before going short.  In fact it may be wise to be patient and wait it out a wee bit, as we are on the verge of a systemic crisis.  There will be governments that will default on debt and many "Force majuere's" called.   At that point the public will not tolerate any tax dollars going to prop up corpse zombie banks and their massive liabilities.  Banks, including Canadian banks, will out of necessity have to be allowed to fail.  Their will be financial casualties to be felt all over the Western world.

If the remaining Canadian banks fail to hit a home run with their earnings, I will be going short post-haste.
Bullboard Posts
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