Bullboard - Stock Discussion Forum Canadian Imperial Bank of Commerce CM

Primary Symbol: T.CM Alternate Symbol(s): T.CM.PR.Q | T.CM.PR.P | T.CM.PR.S

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has over 14 million personal banking, business, public sector and institutional clients in Canada, the United States and around the world. The Company has four strategic business units (SBUs): Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking... see more

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TSX:CM - Post Discussion

Canadian Imperial Bank of Commerce > Looking really great!

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Post by SirHumpsAlot on Mar 10, 2023 4:33pm

Looking really great!

CM is moving lower rapidly. I expect a new 52 week low. Then I will be lookign to buy back in for another run. Fantastic stock to flip. As mortgages start failing in teh next 2-3 months you might see banks drift far lower. Opportunity awaits! If you missed the 2008 crash, and the 2020 crash... get ready for the 2023 crash.

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Comment by Scotchlight1001 on Mar 10, 2023 8:35pm

All related to news about Silicon Valley Bank. Pull-back -Yes. Crash -No. Ex-dividend is in early April. The stock will rally into this date.

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Comment by SirHumpsAlot on Mar 10, 2023 9:04pm

Silly me. You are right. The stock started to fall 5 days ago on todays news. I forgot the pyhcic factor. Thank you! And yes, that dividend is clearly more important than fundamentals!! They could lose 50% of thier mortgage business and the stock would still ralley for the X-date. Silly me. Just ignore the economy and trade on hopium! Cheers and good luck

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