|
Posted by jimmy on April 14, 2008, 10:31 am
I'm looking at either CIBC and BNS right now. Just can't decide if I
should wait for a new 52 week low or buy and forget about it. Who has
the crystal ball today??
|
|
Posted by BuffettHater@gmail.com on April 14, 2008, 10:44 am
> I'm looking at either CIBC and BNS right now. Just can't decide if I
> should wait for a new 52 week low or buy and forget about it. Who has
> the crystal ball today??
Too early. Have been sitting patiently waiting for BMO to bottom, it
seems to have the most downside vs upside and pays a good div.
BNS is a sell as it appears about to buy into a US bank (IMO a big
mistake, US financials are in big trouble).
IF I HAD TO BUY, IF I HAD TO PLACE CASH WITH A GUN TO MY
HEAD. . . .it would be Canadian Western Bank as it has huge upside
via the oilsands projects. CWB.TO and also trade on the OTCBB.
Why not just use your investment to short sell C or ETFC ???
|
|
Posted by The Visitor on April 14, 2008, 8:00 pm
Well I like TD usually. But of the last few weeks my friends have been
gorging on ING-TO (Class B bank in Canada, Dutch isn't it?). Much to
their amusement. The reason I was told, "No subprime mortgage exposure,
yet the price took a large hit for no fundamental reason." I think TD
is actually sitting pretty also.
John
jimmy wrote:
> I'm looking at either CIBC and BNS right now. Just can't decide if I
> should wait for a new 52 week low or buy and forget about it. Who has
> the crystal ball today??
|
|
Posted by BuffettHater@gmail.com on April 14, 2008, 8:28 pm
TD just closed a deal on a regional US bank so it now has sub prime
cast upon it. It was/is questionable announced at a top in
financials
that may bite the backside.
ING.TO is part of the dutch banking/insurance giant. Dutch invented
stocks, banking and commerce &, methinks, insurance.
|
|
Posted by Charlie Perrin on April 15, 2008, 12:26 am
On Mon, 14 Apr 2008 20:00:11 -0400, The Visitor wrote:
>Well I like TD usually. But of the last few weeks my friends have been
>gorging on ING-TO (Class B bank in Canada, Dutch isn't it?).
Headquarters in the Netherlands, most of the business done elsewhere.
|
| Similar Threads | Posted | | Canadian Oil REITS | November 16, 2006, 7:44 am |
| Canadian Oil Trusts | September 24, 2007, 7:44 pm |
| What has happened to the Canadian BCE shares? | January 31, 2008, 9:33 am |
| Evil Canadian Button | June 27, 2008, 1:38 pm |
| MLPs: alternative to Canadian trusts | November 13, 2006, 10:05 pm |
| Canadian government screws investors again | September 19, 2007, 10:49 pm |
| A Canadian mining and technology stock | November 20, 2007, 11:28 am |
| Intraday Data - Canadian Stocks | August 15, 2008, 2:09 pm |
| Opinion on Fording Canadian Coal Trust (FDG) | November 10, 2006, 2:41 pm |
| Where is the best message board for discussing Canadian stocks and the TSX? | January 26, 2008, 4:07 pm |
|
|
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap