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Bullboard - Stock Discussion Forum 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... see more

TSX:BK - Post Discussion

Canadian Banc Corp > Will be doubling my BK position today
View:
Post by rixpix on Dec 14, 2023 7:57am

Will be doubling my BK position today

My average cost here is just under 12$
Doubling down will bring my acb to about $10.75.

Been waiting for a buy sign.
I think it's here and I think it's now.

Been wrong before so do your own dd.

Lose money over night.
Make money over time.
Comment by kurtwalter on Dec 14, 2023 11:52am
I suppose the announced trajectory of US interest rates has buoyed the market overall, so banks are up today. Life insurance companies are tepid today, on the other hand. BK has a lof of ground to recover.
Canadian Banc Corp
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