Owning Canadian Bank stock is about the long term. My stock went up 35% over the last year and a half then came down 10%. I receive  a average 4% dividend(that historically rises over time) on companies that are increasing their income possibly 10% in this current quarter. I am more than happy with the Canadian Banks performance and could care less what the naysayers have to say.
 It is the short term thinkers that usually end up with the short end of the stick .