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Tangerine Alternatives?
October 25, 2024
11:05 am
mordko
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moneyhelp said
I agree TD is not a cash alternative, but there is no way the Canadian government would let TD fail if it came down to it, making it a good-great time to invest into TD stock, if you're a LTM investor  

Conclusion does not follow from the premise.

October 25, 2024
11:06 am
moneyhelp
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mordko said

Conclusion does not follow from the premise.  

Just an aside...

October 25, 2024
11:36 am
Norman1
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Conclusion definitely does not follow from the premise that TD would survive.

You hold shares in TD Bank. You are not TD Bank. Government and creditors could intervene to ensure TD Bank survives after existing shares are extinguished.

Algoma Steel has gone through restructuring multiple times. Company has survived. But, existing shares were cancelled and shareholders wiped out each time.

October 25, 2024
12:34 pm
Bill
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"All we know is that the bank.......is a mess......."

I'm a "we" and I didn't know that. I'd be interested to be shown the evidence that TD Canada is a mess?

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