RE:Td Goldman to TD cross of 167,200 at close today. Maximum repurchases today would have been about 232,000 based on the updated Tsx approved limits.
it does seem that their repurchase plan may at least slow any decline during downdrafts, but i would sy that the top above $4 the other week was the top of the downtrending channel pattern started in early 2021 and continuing now. If we hit the bottom of the channel for the next stop should be about $3.40.
i dont see the downtrend snapping and reversing unless their is some trigger event
Puma1back wrote:
Not sure, but looking at the trading houses it sure seems that TD could be playing a big role in the share buybacks being executed by the company.
lots of 20,000 plus share blocks crossing; could be movement within funds, say from growth to a yield fund as well?