Stop Not Using Stops
The sanctity of the dividend is the foundation that supports investor confidence in a company.
Category archives for:
Financial Services
The Mark Is In Play
The bulk of the resources we spend as a society for law enforcement is spent chasing the same bad actors day in and day out.
A Fight For Control
Dave from Cobourg, ON writes about BWC:
Hi Lou,
Crescendo Partners is looking to force a shareholder meeting of Bridgewater Systems Corp. to force a sale of the company.
They evidently think the board is keeping the stock price too low , given their cash and sales projections. BWC closed at $3.69 today.
Would this be a good investment to [...]
March 5, 2009 | Posted in Mergers & Acquisitions | Read Article »
Dazed and Confused
Raj from Toronto, Ontario writes about RBC profits:
Hey Lou,
I have lost money in mutual funds which RBC sold me.
The bank invested my money into different commodities and now RBC claims to have made profit?
How is that possible when all the investors have lost their investment… something does not make sense?
Raj,
The banks make money by charging fees [...]
March 3, 2009 | Posted in Financial Services | Read Article »
Don’t Bank On The Banks!
Gabe from North York, Ontario writes about bank stocks:
Hi Lou, Love the program on AM640, I listen without fail. I am wondering what you think about the timing on getting into bank stocks ie. TD, BMO etc. Have they bottomed?
Hi Gabe, That’s the Nine Trillion Dollar question! But the charts are fairly clear [...]
February 23, 2009 | Posted in Banks | Read Article »
AIG a Trade, not an Investment
Hi Lou,
I wanted to know your thoughts on buying Stock in AIG.
Kuldeep
Hi Kuldeep,
I covered American International Group Inc., AIG NYSE, back on November 24, 2008 and even though the stock has moved up from those lows I still think that it’s a very high risk proposition.
December 8, 2008 | Posted in Insurance | Read Article »
Washington Mutual is in a Rough Place
Hi Lou,
Keep up the great work! Lou could you please give me your thoughts on Washington Mutual WM. Since it looks like they may get bought out.
Thank-you
Steve
Hi Steve,
Thanks for the encouragement! Washington Mutual Inc., WM NYSE is in a rough place. Today they had their debt rating cut again sending their debt to the lower [...]
September 25, 2008 | Posted in Banks | Read Article »
