T. T.TO TELUS Corporation Loading... : Bullish and Bearish Analyst Opinions

The author reviewed Telus's balance sheet when the stock was around $19-20 and advised his brother to 'run for the hills', implying the leverage/financial position made the equity unattractive. The stock subsequently fell, and he notes he should have shorted it, framing the balance sheet as the causal driver of the decline. No explicit catalyst or time horizon is given beyond the past year's move. Main risk implied is that the balance sheet deterioration thesis may already be priced in after the drop.