Financial 15 Split Corp. - Class A T.FTN

@ the Bell: Welcome to the new bull market

[mouserman]

So finally rejigged the spreadsheet and not real cofident in the accuracy as I took a small % off of many of the holdings to bring  the CASH position back up to 21%. It still has the UNIT GAINING

[mouserman]

So obvious Quadravest managers feel the same about the markets going forward as I do. They are stacking up on cash to limit the losses and maybe buy some bargains, if some get oversold. In fact they

[Jon Brown]

The S&P 500 reaching the 4,300 benchmark ending the day in a bull market from the bear market that began January 2022. read article.

[mouserman]

Had a quick look on stockwatch to see how the atm  program was working. Appears not a lot of buying at the market , on the commons, but perhaps some are looking at preferreds as a good deal if

[mouserman]

So last few days CAD had been breaching the 75 cent level, and then drop back under at the end of trading... lets see if it can stay above , and break higher. Not great news for FTN and FFN with a

[Experienced]

Wife and I were finsihing dinner this evening. At the end of the news my wife switched to a US based TV program.  They were talking about all the smoke coming from that terrible country called

[Jon Brown]

Canada’s main stock index continued to fall on Thursday, following the interest rate hike struck down by the central bank. read article.

[SgtBroski]

Will FTN ever recover from it's 2020 share consolidation (back to high 12s pre-consolidation or high 20s post consolidation) via a stock split or natural increase in stock price? It feels like no

[navgod]

The consolidation was caused by the large retraction of pref shares at par going into FTN's extension. I was playing the prefs into the retraction but missed the real action which would have been

[dannodotcom]

There was a share consolidation in Nov 2020, for every class A share you owned, you would now have only 0.4 share.  So if you had 1000 shares, you would now own only 400.  That's why the

[EdPaquette]

The banks dragging on FTN are goldman sachs, Citigroup,  JPMorgan,  bank of America,  etc.  Are they down forever?  They never recovered from 2008 and i think they will

[mouserman]

FTN and SBC are quite different as SBC is only basically the big 6 CAD banks , and a small percentage in the BROMPTON financial etf which holds some banks and a lot of insurers , from both the US and

[marcrobert]

haven't owned this one yet.. the big mystery in the chart is what happened from $26 in 2018 to 18 before covid, down to 6 in mar 2020 and only maxed out at 12 afterward. what happened? at the peak

[mouserman]

I do see FTN and FFN getting some volume, but LBS, BK, LCS and SBC very low volume.... at least on TSX trading.  LBS only about 3k showing on Stockwatch....LCS even less.

[Jon Brown]

Investors often keep focused on the most consistent plays, when times of renewed uncertainty rears its head in the markets. read article.

[EdPaquette]

Nav's up nicely and now the sp should play catch up. 

[mouserman]

SO the gains are now at 38 cents since the May 31 update. One of the better gainers in that time...premium on the commons now is about 23 %

[mouserman]

 I like LBS to hold their own a bit better  than FTN , firstly because FTN payout monthly is about 19 cents and LBS is only about 14.5  cents. Secondly while both have exposure to the