Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.


TSX:BNK - Post by User

Big Banc Split Corp
Bullboard Posts
User Avatar Image
(0)
•••
Comment by nijinsky70on Aug 18, 2010 2:17pm
412 Views
Post# 17362099

RE: RE: Manipulation

RE: RE: ManipulationVery interesting feedbacks so far on the issue of manipulation likelihood of BNK's SP for the past few days. 

I guess I missed the chance to load up when SP hit $6.20 on Friday afternoon.  Realistically, unless you are the manipulators, how many retails have the guts to load up at $6.20 on Friday?  Be honest with yourselves.  I thought I was the brave one to just rough it out.  Based on the sentiment I see, I think debating the moral issue of taking advantage of the situation is pointless. 

Let's put it this way, if you are one of the victims of this manipulation.  Say, you got a margin call and forced to sell and ended up losing money you don't have.  What would be your view of these manipulators now?  You know there are always two sides to everything.  Just give that some thought.    
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities