I'm down 12%, but I was buying to Hold for (very) long term. I think TD will survive.
TD Bank stock heavly shorted - is this the end ?
- Thread starter dutchcock29
- Start date
The Big 5 always bounces back bigger than ever. Their problem right nos are loan losses. I would never bet against the Big 5.
Im holding out till next quarter. I think the banks will see lower profits and more losses. once the boc stops hiking, possibly start reversing and easing on qt the industry will pick up since people like to spend money and have herd mentality of keeping up with the jones's.
any idea how is the short volum / % right now? Are there any other banks more shorted than TD. I heard on the street - BMO books are very distressed.
If you’re a gambler why not use options?
You could buy calls and or short puts.
www.optionseducation.org
if you’re long TD but don’t like short term volatility or prospects you could do the opposite.
long puts/short calls.
Either singly or in conjunction to create hedges and forwards. That is not advice, nor for the novice. But it’s basic investor stuff into the world of leverage, hedging and more advanced derivatives
You could buy calls and or short puts.
Synthetic Long Stock
<p>The strategy combines two option positions: long a call option and short a put option with the same strike and expiration. The net result simulates a comparable long stock position's risk and reward. The principal differences are the smaller capital outlay, the time limitation imposed by the...
if you’re long TD but don’t like short term volatility or prospects you could do the opposite.
long puts/short calls.
What Is A Collar Position? - Fidelity
A collar position is created by buying (or owning) stock and by simultaneously buying protective puts and selling covered calls on a share-for-share basis. Usually, the call and put are out of the money.
www.fidelity.com
Either singly or in conjunction to create hedges and forwards. That is not advice, nor for the novice. But it’s basic investor stuff into the world of leverage, hedging and more advanced derivatives
I'm not into the fancy exotic stuff. Just a bread and butter investor. If I like a stock, I buy it. If I don't like a stock I sell it. No, I never won a Nobel Prize.
What Was Long-Term Capital Management (LTCM) and What Happened? (investopedia.com)
What Was Long-Term Capital Management (LTCM) and What Happened? (investopedia.com)
How about this easy way to access China on the TSX? Where were the trees?
Sino-Forest Corporation - Wikipedia
en.wikipedia.org
Keeping it “simple” is not a bad thing Darts. That why I included a warning. Some retail investors do dabble or get into options. Either as a way to place bets, or hedge their stock positions.
pages ago I included a link to a book called “when genius failed”. It’s the story of what occurred and what almost occurred at LTC
I
implied69
I was rooting for TD. It is down by about six percent today and hasn’t been doing well.
Considering it is a well established bank in a protected industry, it is amazing to see. It is almost as if Justin Trudeau got his hands on the most steady country and made a mess of it.
It's always interesting reading historical threads. P/E less than 9ish, dividend >5%, looks tempting but I already own too many financials...
Bad news reaction on Friday.
TD Bank could face more severe penalties after drug money laundering allegations, says analyst
Fines could hit $2B, analyst says
TD Bank could face more severe penalties after drug money laundering allegations, says analyst
Fines could hit $2B, analyst says
Remember years ago when td was exposed by media and whistle blowers it's practices regarding selling and pushing their products to consumers and getting commission by doing so? While it's not the same event this to will blow over. It's a hick up, and I will be buying during this period. Long term it's a multi billion dollar business which not be going anywhere.
While TD is a good chuck of my portfolio, I disagree. Only 1 bank showing negative performance over 5 years...
Hate to break it to you, but they all got billions from the Feds during the financial crisis.
Now, Canadian banks, historically, have been risk adverse compared to the investment banks in the US. I'd say the odds TD goes down the toilet are slim to nil. Now, they are being hammered over money laundering allegations, so we'll see what shakes out.
Agreed. I'm just responding to "TD is the best" [investment I assume]. Not really over the last 5 years. TD steps in shit every 15 years or so it's about this time.
Hate to break it to you but they didn't. Our banks had no capital issues at all. What happened was the Feds wanted to lend tens of billions immediately to get money in the economy. Rather than create an agency from scratch with no experience, the solution was buy tones of insured mortgages from the banks. By taking these assets off their hands and giving them oodles of cash in exchange, the banks were able to lend that money out, something their capital ratios would not have allowed if they still had all those assets. The banks were happy to do that, it was an efficient market so,union to get money in the system overseen by people who do that for a living, and as part of the deal, the government bought the mortgages at a little less than FMV. None of those mortgages caused them a loss, and so when they were paid in full the government made a profit. In other words, the banks gave the government money. Ain't facts and history a bitch when making things up?
