TSX:BPO.P.A - Post by User
Comment by
CrazyTraderon Dec 10, 2023 1:20pm
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Post# 35776909
RE:RE:I think it's official, Capital Market System is Broken.
RE:RE:I think it's official, Capital Market System is Broken.Thanks Pierre for the reassurance. I have a lot at risk here, I'm virtually all in on BPO.
MRT.UN.... I'm sticking with Prefer Shares (BPO) rather than common shares, Dividend and Share Price wise I think Prefers are safer. Besides, I'm virtually fully invested already.
Being "safer", share price appreciation on BPO prefers is limited. And with the $25 redemption, share price basically capped around $25. So, BPO limited to about 100%+ to 200%+ share price gains.
MRT.UN are common shares, share price gains could be much much more.... but the risk is more.
As you know, I think interest rates will remain higher for longer.... as such still a lot of pain to come in the market. For me, I'm sticking with Prefer Shares.
What boggles my mind isn't BPO crazy yields/reset yields, as markets always "over react"..... What boggles my mind is how long these yields/low share prices remain.
Good luck on MRT
All just my opinion/view/thinking....sticking with Prefer Shares, BPO Prefers.