RE:RE:The Shorts will pile into thisHi Sarge,
I too bought some more TD. My motto is to buy banks when they are down whilst trimming the current out-performer (for me that was BNS). They always make money so it's just a waiting game and in a few years all will be forgiven at TD. Masrani needs to exit stage left and the BoD needs some reinforcement.
I warmed to EMA thanks to an investing friend's input and several hours looking at charts. I think that they could potentially repeat CPX's success with their Florida business. It's early days for EMA. My ACB was too high and it had its head in the noose earlier this week before I relented and added to my position.
In these frothy markets you sure need to pay attention to what is down and why. There aren't many bargains when it's an everything UP market.
I still like Industrial REITs, which are out of favour and probably tarred a bit with the same brush as Office REITs. They pay good distributions and, in a declining interest rate environment, should appreciate in 2025.
Cheers,
BSD
SargeX wrote: Hey BSD
Totally agree unless soemthing is brewing with a potentail take-over. (now that would be one sad day!!)
I had recenty said that we were not going to trim but this has gotten so ridiculous that I decided to trim 12% of what we had (including some more this mornng). Took a nice little profit of $31.2k and used the dough to add to T, BNS, & TD.
As an aside, even wwith the trimmming, CPX is still our largest holding (amazing)
I saw a post that sounded like you had warmed up to EMA - nice to see.
Take her easy
Sarge
BSdetector2016 wrote: Run-up NOT justified.