I would have to think that is nothing more than the prospect of dilution. I think shareholders are saying that Royal Bank you have been fairly aggressive in going out and buying other assets. Now let's see the profit potential that is going to come from these,
More Quotes from Fred Ketchen:
The market has grown and people are more aware of wealth-generating opportunities and risks in the stock market, but (those are) risks they're comfortable to take, I guess.Fred Ketchen
Dell started the whole thing off with their reiteration of where they thought their earnings and revenue are going to be in this quarter. That has certainly ignited a bit of enthusiasm, particularly on the technology side,
Fred Ketchen
Our market is obviously benefiting again from higher energy prices, for one. Then you've got also some interest in segments of the financial services side following a number of earnings ... Commerce bank (CIBC) certainly beat estimates and that stock is up.
Fred Ketchen
You can see what kind of a major influence this company has,
Fred Ketchen
There was a quick turnaround in New York, which indicates that things are totally under control. After a sloppy opening, they turned around in a hurry.
Fred Ketchen
The record commodities prices are going to be of continued interest and obviously some significant support for our market.
Fred Ketchen
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