Post by
FiddyFiddyShot on Aug 27, 2024 4:08pm
Look At The Bright Side.....
At least BMO isn't in the cartel drug money laundering business like TD was ( that we know of )..
And in another few days everyone will have forgotten about this quarrter's results, and BMO will make back the 6 % it lost today...
Comment by
malx1 on Aug 27, 2024 5:28pm
Nope. Wrong. More downgrades on the way. Look for another -10% to -20% over next 6mo. Even worse if there's deep recession. Bad loans on the books.
Comment by
Ocalaman on Aug 27, 2024 8:22pm
History just repeated itself today , after the last Q results they dropped from 121 to 110, Slowly they crept back up to 119 , when this past Q was announced today people suddenly remembered what they said 6 months ago which led to that drop and rewound back down to 111. Deja vu all over again. Investors are consistent if nothing else.
Comment by
malx1 on Aug 28, 2024 1:39am
They say if you stare long enough at the stars you can see anything you want to. Enjoy your charts, the market cap has other ideas. Downgrades looming.