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Canadian Banc Corp T.BK

Alternate Symbol(s):  T.BK.P.A | CNDCF

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per annum equal to the Prime Rate plus 2.0%, with a minimum targeted annual rate of 5.0% and a maximum targeted annual rate of 10.0% and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.


TSX:BK - Post by User

Comment by deisman03on Apr 30, 2024 10:14am
55 Views
Post# 36014639

RE:RE:RE:RE:I'm out for now.

RE:RE:RE:RE:I'm out for now. EIT is one of my core holdings. 

That being said, I have traded in and out of it several times over the years. 

The last time I dumped the 5k units was just before the Covid bomb hit. 

bought back in at fear induced prices. That wasn't skill on my part, just lucky. 

I had a similar experience with BK at the time. 

Again, more luck than skill. 

Riding the winners and playing them has its benefits. 

Buy and hold has benefits as well, but at this stage of my life, I like the certainty and convenience of cash, especially in markets that are becoming increasingly unpredictable. 

AI is going to make predictability even more difficult IMHO. 

Combine that with dupicitous greed and money laundering, and we have a recipe for waterfall drops. 

It could be much worse than it is, but the trend for overstating earnings, whether by inuendoe or just plain lying seems to be happening as much now as it ever did. 

Not down on markets, just finding them more difficult than ever to follow, especially with political interference. 

GLTA the good folks here.
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