RE:RE:RE:RE:RE:Banks To Replace Hoopp loansWhat IS known is bad... but we are still down over 70% in a short amount of time which easily accounts for teh troubles the company is having.
The recent pressure on the Canadain banks is great for the chanes of a HCG turn around. People say otherwise but in my short time investing market sentiment has more relevence with SP than the actual fundimentals of the company or a sector.
If an event like this is not cleaned up it tarnishes the entire sector and can create the event that shorters are hoping for. The key word here is CREATE the event, not predict it. As much as banks want to publicly distance themselves they are working hard to prevent a collapse of the company which could start a snowball effect on the entire sector