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GE - past success, future potential
Yellow Pages Income Fund
Bank of America purchase
the moneygardener Favourites
late stage capitalism
want a raise?
want to ensure financial difficulty your entire life?
the human side of dividends
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3 comments:
Hi MG - what do you think about CIBC? Is now a good time to "buy on a dip"? or are they just too risky?
Mike
Hi Mike, I actually haven't been following the CIBC saga. The stock is not on my watchlist, mainly because I believe there are better Canadian banks out there, and I find that CIBC is accident prone and has little corporate direction.
I agree with mg about CIBC, that it is accident prone and there are better Canadian Banks out there.
Having said that, I have CIBC on my radar not as a long term holding but for my play money. Just imagine if you had invested in CIBC after the ENRON scandal when the market punished this good (not great) bank.
I am waiting for more right offs and punishment by the market in the new year.
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