OTCPK:HBAYF - Post by User
Comment by
skyplton Jan 17, 2017 3:11pm
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Post# 25718811
RE:RE:Sold some of my other stocks to buy HBC
RE:RE:Sold some of my other stocks to buy HBCRoughly...just shy of 11. It is a bit hard to figure out exactly as I own in an unsheltered, RRSP, and now a TFSA.
Far too heavily weighted than I normally would feel comfortable in one stock...but given a GIC is paying out about 1.7% for a 2 year term I view HBC's dividend as sort of covering that with a solid upside potential.
I still believe 13 is a reasonable short term (3 month) expectation. Maybe sooner if politics does not get in the way.