TD is poorly run. CEO should be canned. I can't believe he is still there. I sold my TD stock and hold only Royal now.
TD Bank stock heavly shorted - is this the end ?
- Thread starter dutchcock29
- Start date
Anyone else waiting for TD to drop below $70?... I have shares already, but their average cost are $93... Yikes.
bank stocks are boring for me but i wouldn't wait for a further drop ...right now is a good entry point from technical analysis viewpoint
so you're still in GICs ? told you, long term, just be in invested in the markets instead of trying to steal from the market (get in and out at the right times) ...that extra 2 to 5 percent ended being a lot higher in 2023 and 2024.
and, you know how compound interest works ...even if its "only" 5 percent more in one year (even 2 percent), that adds up big time over time, even if the additional return isn't guaranteed every year and can be obviously negative some years (on the flip side, obviously MMKT funds aren't gonna give you 5 percent per forever).
"The smartest people I know (way wealthier than I will ever be) have only been buying GIC's/bonds."
not so smart, i guess
Bad day for shorts. Glad i initiated position at 75. Long term hold .
Even though they still have a great dividend, I dumped 3/4s of my position on TD. Ever since they got slammed in the US, I've watched their stock plummet here and I just couldn't take it anymore. It's not a loss, per se, but I would have liked to hold on and see a better rate of return, but I just don't see that happening for a long time.
Depends what you mean by fail.
Fail can mean outright bankruptcy, shut the thuing down=type of thing,
or a recapitalization where shareholders and bondholders lose everything yet the banks operations continue,
or the same thing except bondholders dont lose,
or just a forced injection of all kinds of capital in return for an enormous dilution of the shares,
or a forced merger at very punishing terms.
Regardless, if I'm a shareholder, if I lose, like, 75% on something, good enough, that's a FAIL in my books!
lol none of those scenarios will happen ... even if you lose realised 75 percent (not gonna happen), that's on you for panic selling... this isn't a penny stock
Well, never say never in investing. I don't own and have never owned TD Bank.
I was discussing what it might mean to be considered a fail.
There have been many, many stocks that have been down 75% where, in hindsight, investors wished they had sold rather than hung on.
Yeah, it's a new year and all, so anything can happen in the short term.
I still hold a position and didn't lose on the sale, so I'm fine with my actions.
I like it when shorts are getting burned. I sold mine as I investd in POU for special dist.Until there’s a bailout like in the US 2008.
So so close to starting anew.
