RE:RE:Coming abcd2020 wrote:
hahaha if this that do did they them blah balh , i will say again , stock reacts to what big player want it to do. i have seen stock go both ways with same kind of news. so bottom line is ur guess was good as anyone else guess.
My guess is based on not seeing anything positive at this point. Do you?? Stock went down from $ 55 to $37 in one year. On the other hand they restructured,laid off employees and bought unpredictable business in the States facing a stiff competition. If you would own 3000 shares @ $55 you would be down $ 17 ( $ 51000) collecting $ 3000 in dividends a year. ( maybe going forward). So who cares about $1 dividend. I would rather risk my money on TD collecting less dividends but better chance for recovery. If TD breaks even in the states they will be doing ok in Canada just like the rest of the banks with interest rates dropping. If TD is the second largest bank in Canada based on RBC I see a double ($ 150) in 3 years. Maybe BCE doubles as well from here who knows. People do different things with investments, one retiree on this board said; who cares about stock appreciation and growing capital. It is a subject to inheritance as long they pay me dividends. Well I guess he is right but I prefer to grow my
" cow " and pass it ( portfolio) to my kids while milking dividends. I don't know about you people but I worked hard for my money so why should I give them away. Emigrating to Canada in 1988 with $ 100 in my pocket completely broke in Austria when I got to refugee camp. I am retired no room for investment f ups. Simply no time for recovery.