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Bullboard - Stock Discussion Forum Laurentian Bank of Canada T.LB

Alternate Symbol(s):  LRCDF | LAUCF | T.LB.PR.H

Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the... see more

TSX:LB - Post Discussion

Laurentian Bank of Canada > BACKING UP THE TRUCK BEEP BEEP BEEP
View:
Post by Northforce13 on Aug 04, 2023 7:16pm

BACKING UP THE TRUCK BEEP BEEP BEEP

picked up 14 998 shares 

Followed LB for years, would never buy because unions = cancer.  Didn't realize until recently that LB underwent successful chemotherapy in 2021, making it viable.

Buying for the long term turn around strategy. 

if it does get taken out, which seems highly possible, that's fine too.  If it does not get taken out, I'll sit and hold and see how their turnaround plan is going.  If it's working I'll hold, if not, I might exit and take the * post non takeout price decline *  tax loss.  

Normally I don't like woman CEOs, but I read that she refused to communicate with the union to negotiate, which helped alleviate my discomfort somewhat.  

Lets see if the cancer survivor recovers from the chemo as time passes. 

Might add more

GLTA
Comment by 88guy88 on Aug 04, 2023 9:01pm
You have no class!....really cheap of you to compare a stock to cancer and chemo therapy...there is something seriously wrong with you!!
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