TDUsually when you see a selloff like today from
TD or any other brokerage house it’s more than
likely a margin call from someone who bought
a $3.00 stock, bond or currrncy and could not
make pmt so they just liquidate his/her position.
Bottom line is that someone got some awfully
cheap shares today.
The company’s financials are sound and with
a low outstanding share base we are in a healthy
position to see some substantial profits.
Worry not and enjoy the ride even if it’s a bit bumpy.
As the saying goes “ tough times never last...tough people do”
GLTA See you all on the upswing. :)