TSX:IBG.DB.E - Post by User
Post by
caillenon Oct 16, 2014 1:36pm
245 Views
Post# 23034612
interesting correction
interesting correctionCorrection has only started if you look at the charts and charts and book value are the only way to trade. Holding and wishing is pure stupidity. Should keep going until $1.90 and then either hold or correct again to the $1.60's which is what I said two months ago. Negative equity is never a good thing as price to book is negative and therefore not on anyone's screening radar - expecially brokerage firms. I'll check back in two months after my jump into Hero two days ago has tripled (price to book was 25.7%!). Now that's the way to trade.
Good luck.