Bullboard - Stock Discussion Forum Life & Banc Split Corp T.LBS

Alternate Symbol(s): LFBCF | T.LBS.P.A

Life & Banc Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objective is to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital... see more

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TSX:LBS - Post Discussion

Life & Banc Split Corp > DID not see this coming...

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Post by mouserman on Nov 02, 2023 10:51am

DID not see this coming...

Seems like the bounce is a little more than i had envisiioned. LBS apparently was not a good short .. as suddenly all the problems have disappeared...

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Comment by Stwatcher2 on Nov 02, 2023 10:59am

most likely temporary and the market in general will continue to fall

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Comment by bubba9 on Nov 02, 2023 11:13am

Not a lot of volume for an ETF that might pay an 18% dividend. Use your stop loss button

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Comment by marcrobert on Nov 02, 2023 1:02pm

no that's not it, you have to look at this in the whole market context. we have a dovish rate comments stance from powell yesterday, this is setting us up hopefully for a year end rally back to sp 500 4600. It's a lift all boats last 2 days which is why banks are moving too. all the laggards are moving along with everything else. 2024 does not look great for C banks with maortgage cycles ...more

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