RE:Why are the US short sellers attacking ? Heres likely why Dude ever heard of simplii guess who owns it, cibc. Big banks already realize this and have positioned themselves for the change. The online banking is owned by guess who big banks.
juniorbullalive wrote: Spread business- skinny with low rates
Corporate finance -done for now
Trading revenue - the move to discount trading shrinking fees to zero
loan business - what happens to home owner loans with 30 % unemployment
business / energy loans -same question
bloated real estae ? the on line players might eat the big bank lunches
executive compensation - taking too large a bite out of profits -and for what exactly ?
dividend cut - looms if COVID continues - all companies
price to book -2X versus 1X in the US -
Id like to be wrong here but am very nervous - anybody have positives to counter the arguements above ?