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Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

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

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... see more

TSX:BK - Post Discussion

Canadian Banc Corp > BK
View:
Post by DemDem on Mar 21, 2023 11:05am

BK

All those who feared for BK and the banks realize today that the natural is quickly returning to a gallop and that Canadian banks are never impacted for long. Kudos to those who bought during BK's weakness.
Comment by deisman03 on Mar 21, 2023 1:32pm
For your sake, I hope you're right.  This won't be over until it's over and dead cat bounces can be very deceiving, especially if they're dragged out over a week or so.  Being nimble and in a position to sell quickly is a good thing right now.  For me, cash is even better at this point.  I've never been good at picking tops and bottoms so use stop loss ...more  
Canadian Banc Corp
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