Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

EQB Inc T.EQB

Alternate Symbol(s):  EQGPF

EQB Inc. is a digital financial services company, with combined assets under management and administration. Through its subsidiary, Equitable Bank, offers banking services. It operates through two main divisions: Personal Banking and Commercial Banking. Personal Banking operates through five business lines: EQ Bank, residential lending, wealth decumulation, and consumer lending through partnerships, a segment added with the Concentra Bank acquisition, and payments as a service supporting its fintech partners. Its diversified product suite consists of deposits, single family residential mortgage loans, home equity lines of credit, reverse mortgages, insurance lending, and payment infrastructure partnerships. Commercial Banking operates through seven business lines: business enterprise solutions, commercial finance group, multi-unit insured, specialized finance, equipment leasing, credit union and Concentra trust. It provides personal and commercial banking through its EQ Bank platform.


TSX:EQB - Post by User

Bullboard Posts
Post by Northforce13on May 07, 2020 9:53am
455 Views
Post# 30997215

Im out

Im outSold out at 65.00.   Upside to this stock is 2x current price in a normalized market.

Problem is I can't quantify the risk.

As the weeks have gone by, it would appear the number of businesses that are going to face extreme financial difficulty is skyrocketing.  Plus I don't see what the "return to normal" plan is for many of them. 

For many businesses, it's even more like there is no "normal" to return to, it's going to be a "new" normal, and what exactly that looks like and how it affects the businesses is not visible.

Hope things work out for everyone, and for fellow longs, I'm off to the sidelines until I can figure out what things are going to look like in the future.

GLTA!
Bullboard Posts