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Laurentian Bank of Canada T.LB

Alternate Symbol(s):  LRCDF | LAUCF | T.LB.PR.H

Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the financial needs of business clients across Canada and in the United States and provides commercial banking, real estate financing, and equipment and inventory financing. The Capital Markets segment provides a range of services, including research, market analysis and advisory services, corporate underwriting for debt and equity, and administrative services. The Bank's clients can access its offering of financial advice, products and services through a network of branches in Quebec. The Bank offers a digital direct-to-customer platform to all Canadians. The Bank has approximately 57 branches.


TSX:LB - Post by User

Bullboard Posts
Post by LordVon Apr 16, 2019 9:01am
241 Views
Post# 29632133

Shorts use news

Shorts use newsThe shorts are long gone or are trying to cover,  if you were a short would you tell everyone you were shorting then short it, or would you have already shorted it and need to cover then tell everyone your shorting it.   There in cover mode and LB doesnt have enough backing to fight them so it has to slowly recover, like i said before with free cash flow they should do a share buy back which would put the squeeze on the shorts.  The bank has to want to fight them .

Cheers

V
Bullboard Posts