Is CIBC Phoenix rising from the ashes? Or, is this a bear trap? Back in January I asked my broker to call me on my cell when the bank stocks hit bottom. Now he tells me that they probably hit bottom in March and he didn't call me because he was on vacation.
How good (or bad) is my broker? He missed the bank bottom and last July he said to sell overpriced RIM and buy stable dividend paying bank stocks.
How good (or bad) is my broker? He missed the bank bottom and last July he said to sell overpriced RIM and buy stable dividend paying bank stocks.
