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Friday, March 29, 2024

Comment by tommyt

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  1. tommyt

    hi phil

     LAURENTIAN BANK   LB.TO  sold off 8 percent yesterday due toannouncing they  had to buy back 124 million worth of mortgages it had previously sold. I consider it to be a very solid canadian bank and this looks like an over reaction to me likely due to canadians recent nasty experience with home capital group.

    The details are available on Yahoofinance.com i would greatly appreciate your thoughts on this if you get a moment.

    Also what do you think about canadian bank valuations currently ive heard alot of americans consider them to be a short.

    thanks



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