Toronto-Dominion Bank T.TD

earnings time

[bartno12001]

Best to wait for results. I am very skeptical here plus I am fairly confident the dividend increase will not be much. Td will be in doghouse for a few years (2). I remember them saying 2025 is a transition year. 

I seriously think it will come down more - possibly low 70s even.

[bartno12001]

Here are 2 possible scenarios Bullish case = td increases dividend to 1.09 as they are handling AML very well and are seeing growth in all areas of business. They deliver on their earnings and increase forecast for next year as they expect AML US issue to be more of a compliance issue now Bearish case = td misses on earnings and the earnings is full of adjustments since it settled on so many

[nedstar71]

So just to be clear, you won't be buying in to flip 200 shares until after earnings or it falls to the low 70's.

[bartno12001]

This year has been quite good. Sitting on 30k profit..makes sense to trade this late in year. I will buy as it goes down and after earnings. If they deliver good results i have no issues buying at 82 or 83 even as there will be plenty of upside. Bad result I will be buying at each dollar.  I want to see what they report. It makes no sense for me to buy 500 or 600 shares and the results are

[bartno12001]

I thought about what you said. Since you are crying so much at my trading I bought 100 shares at 79.2. If it goes down to 75 or 76 then what's few hundred dollars.  But I am definitely not buying more than that until after earnings

[nedstar71]

I don't recall 'crying so much', just clarifying.  You are posting every trade you do and seem to be a little all over the map.  Good luck.

[bartno12001]

Yep I like to post my trades. 

[bartno12001]

I bought 100 shares because sometimes these bankers push up the stock before earnings. If the results are bad they have created a buffer and if the earnings are good they create a good start My plan is simple. Results are good buy 200 shares each st 82 and 83 if it goes higher. Also don't mind buying at 83 or 84. Will buy no more than 500 shares If the results are bad I buy 100 shares at

[nedstar71]

I made my bet in the high 77's and plan on holding for the long term.  To me trading something like this is pointless.  Buy on weakness then hold.  If it ever drops significantly with the story still intact I'll buy more.  But did recently flip out of Scotia into this for essentially the same dividend after a nice run up of nearly 30% on BNS in a few months.