Q: I was underwater with BNS for over a year and I just stopped looking at it. Reinvested the dividends and collected more shares and waited it out. Today my shares are back in the black, up 30%. Nice to see BNS getting some recommendations in the questions too, over the last month or so.
Now I am just waiting on BCE...
Now I am just waiting on BCE...
5i Research Answer:
The psychology and sentiment shifts in the market can be very interesting. Truly, a year ago, nearly everyone hated BNS and we were questions on why it would even be in our income portfolio. But now it is up 26% for the year. It reports next week Dec. 2nd.