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Bullboard - Stock Discussion Forum Canadian Western Bank T.CWB

Alternate Symbol(s):  CBWBF | CWESF | T.CWB.PR.B | T.CWB.PR.D

Canadian Western Bank is a diversified financial services company. It provides full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. It offers specialty business banking services for small-and medium-sized companies with a focus on general commercial, equipment financing, construction financing, commercial real estate... see more

TSX:CWB - Post Discussion

Canadian Western Bank > Not liking this
View:
Post by Nakate on Jun 13, 2024 5:10pm

Not liking this

anymore, sure the big pop yesterday was great but since then it been nothing but profit taking and uncertainty Might sell just to get this off the books and move to another divi payer that has no baggage
Comment by tylerreddick on Jun 13, 2024 5:18pm
Maybe people are thinking NA is over-valued? Lord knows they aren't very bright. I remember them buying a boutique brokerage for millions, that wasn't woth 2 cents, as most of the clients left soon after. If you have made really good coin, maybe taking the easy money isn't such a bad idea? Lots of great investments out there.
Comment by packerdriver on Jun 13, 2024 9:06pm
Well, I got real tired of CWB and sold a couple of months ago so I'm not that "smart" ;);)...BUT...one of my "rules" is NEVER wait for the take-over, sell on the big pop of the announcement. That's because I've been burned a couple of times...I was either greedy thinking it was worth a little more and the deal eventually unravelled....or the individual wanting to ...more  
Comment by ABP123 on Jun 14, 2024 4:50am
Good Advice.  A bird in the hand..... At first I thought about holding on to CWB and ride it to the close of the deal, however after sleeping on it back on Tuesday night I decided to take my gain an leave. I feel emense gratitude for this gain. Deals can unravel and being 16 months out from an election with the loney tunes we have in Ottawa, anything can happen.