North American Financial 15 Split Corp T.FFN

Why are people buying still?

[alkhor]

Part of the problem is sited such as RBC are still shoing a dividend yield of 26% based on when the divvy was paid. Without doing any research at all, it looks really good. If it's too good to be true, it probably isn't.

[Nakate]

If you look at like this, a buy at 5, + when you do get the divi = a 26% + return  means the share price only needs to go to 6.30 and you still get more divi's if you hold

[RusticHit]

Ppl buying for future Div. 25% big bids pilling Up 

[slst]

Like the odds that sooner or later the financial sector will recover and the distribution will be restored.  So I just started a position.  Sold too early the last time but was happy with gain.  Like the volume too.  Hopefully, I am with good company. 

[TheeRook]

Some buying is from Short Covering Short Positions for FFN Symbol Report Date Volume Change Shares Issued % Float T : FFN 2022-05-31 741,066 -631,724 52,336,163 1.42 T : FFN 2022-05-15 1,372,790