Post by
rad10 on Mar 11, 2024 12:39pm
Does this have legs……?
Pleasant surprise - it's cheap, it's a dog, it's had some PR disasters that are now in the rear view mirror......
We know all these things. Nice paper gain, sell at 75% of book.
Comment by
DeanEdmonton on Mar 11, 2024 5:38pm
I wish all the best to those of you with the Cojones to to hold this stock. Hopefully you manage to get out somehwere around 37-40 bucks, given the "Strategic Review" fever only ran it up to 45 bucks. Even though I won't own it myself, I never wish any retail investor bad outcomes, we all work way too hard for our money.
Comment by
rad10 on Mar 11, 2024 7:56pm
high 30s is good. With credible leadership there is no reason this can't trade at 70% book. I don't see this potential capital appreciation in the bigger Canadian banks (but I have positions in all of them) all the best!
Comment by
BudFox198777777 on Mar 13, 2024 10:10am
If you actually followed the analysts, all you would be doing is buying high and selling low as per their recommendations, which is not a good strategy.
Comment by
nedstar71 on Mar 13, 2024 3:49pm
Outperforming all those unsh!tty banks again.
Comment by
rad10 on Mar 13, 2024 3:54pm
Stella Jones was a dog at 30 bucks - but the analysts all love it at over 70. I love these guys and was happy to sell some back to them........... Also LB preferred shares reset soon. Higher for longer is now an established fact. It's almost too easy.