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Compiling comments that experts make about stocks while on public TV.

2017-02-22

Opinion for Canadian Western Bank (CWB-T)

Signal Price Bias Subject Owned
COMMENT $30.410 CAUTIOUS CANADIAN MID-CAPS & LONG/SHORT STRATEGIES Yes

Has a long term Short on this. Looking back to the last downturn in 2008-2009, it took 17 quarters for them to get back to pre-recession provisioning levels. The current downturn in Alberta has been a lot longer and more protracted, so thinks the time horizon for provisions will probably be even longer than 17 quarters and doesn’t think the street is factoring that in.

Jerome Hass
Portfolio Manager, Lightwater Partners http://www.lightwaterpartners.com/home.html

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