RE:CWB MgmntI am not sure I get the point trying to be made.
CWB had 2 very good quarterly reports until this release. Trying to expand from a regional operation to a more National focus takes time. This report however, was not that bad.
Look at all the CDN banks in the past 2 years. They have been very challenged based on the Macro economic factors in play.
Good news here, you are being paid to wait. Right now CWB is at a minimum 30% discount as it is only trading at a multiple of 8. Sooo, lots of upside if you hold.
I took another position last Friday once I saw the stock was oversold.
GTLA!