RE:RE:RE:Intact Financial Corporation Announces Agreement with CornerStrohs16 wrote: I traded out of my position after earnings, just a small position, 100 shares, lol, but a lot for me, at $147.44, made a decent return.
This past week, started another position on the big down day, of course, I bought too early with my first lot of shares, traded in and out a bit to get my ACB to about $140, then watched it go down to $133-$134 that day, and I was shaking my head!
Anyways, I held on, and once i saw the terms announced later in the week, figured the stock would recover, and, it has, great to see, will probably hold on now until at least the dividend or $150 per share, whichever comes first.
glta IFC longs.
Deal is finalized subject to the rubber stamp process (regulators, shareholders) and will be all tied up by the end of Q2 2021. Highly accretive. Intact is still one to own and add on dips.