Never shorted a stock in my life, beach, and don't plan to start. A long can just go play in his garden when he sees red, but imagine the anxiety of a short seeing green on the screen. No thank you, it's long on quality stocks or cash for me......
What's this about 5 banks?! There are 7 Schedule II chartered banks in this country, you're forgetting about NA and LB. LB edged off 15 cents today......big deal, take a look at its chart on Stockwatch.....
CWB is a Schedule I chartered bank, not that I understand the difference, a bank's a bank for all that.....It put on 80 cents today, and in percentage terms is head and tails above the rest.....My current position cost me 14.10 and I have no plans to sell soon....
SMS is "just" a credit union, again I just don't understand the difference......whatthehell, it's a bank to me, and it's trading at a P/E of 7 point something.......I've met two clients who swear by it, and at this price level would be my first "bank" choice......
Almost on Subject (an interest-sensitive stock, if not a bank) My favourite insurance company, Pembridge, is still going cheap, though a little less so than two weeks ago......
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