RE:RE:Buying op for sure...So why are the other financials split funds not selling off like a house on fire? LCS pure lifecos, has its NAV down much , much more than LBS, yet only down 2.5%
LBS down over 3 %, FFN down a few pennies and FTN down less than 1%.
In reality DFN is down as much as LBS, yet trading down only 1%...
The best value of any of these is LBS , which trades at a discount, with more safety above 15$ threshhold than any of those except FTN.
bubba9 wrote: Inflation will eat into bank profits. It is a cancer and with our out of control spending, it might get worse..Higher rates are coming. LBS is still good but not forever...
mouserman wrote: Not like LBS is trading at a huge premium or anything... but the sellers must have hit the wrong button, or are very confused.
DFN, DF , FFN, FTN and many of the others are trading at premiums, but not seeing the same selloff that LBS is seeing.
This one is a no brainer, and lucky for me was able to pick some up at prices which ARE STILL at a discount to its true NAV.