Just got some unsettling news yesterday that I thought I'd share. First off, let me explain that I know almost nothing about this investment stuff and thought I could trust my bank to look after me. BIG MISTAKE. I have had shares of SLI for many years and they've been sitting in my trading accounts getting smaller and smaller. We all know how that's been, getting screwed with no help from anyone and our CEO, in my opinion, one of the largest problems we face, makes off with all our hard earned money.
Now for those like me, who made the mistake of trusting banks to look after them, know this, your bank is NOT looking out for you. My bank, CIBC sold over 9000 shares of SLI without my knowledge or consent to pay off fees I knew nothing about. To add insult they even took their commissions!
Buy stock in Canada and bend over.