RE:RE:Tax losses season adds pressure to the downside Lets be honest maher.
If it wasnt for shortsellers i would be broke. A great tactic to use is to find what they are selling and to buy it when it hits a low. Especially if the company has a value either not realised or depressed because of market commodity value. This scares normal investors and the bears come in to depress the value further.
But bbd isnt one of these. We all know the value of the company, we all know to hold our shares in the hopes that the badoinks will eventually do the right thing. It isnt the federal bailout that is putting pressure on the shares. It is horrible management. The management team is 25% of the managment of the company. The most important is the board of directors. They do not have any value on stakeholder opinion. If they did they would oblige caisse. Caisse is keeping them alive not the governments. If caisse said ok i have had enough and sold. BBD would be 50 cents max.