Premium Income Corp T.PIC.PR.A

Is there any rhyme or reason

[wobbles]

to explain the ups and downs of this stock, other than bots just following their instructions.

[jammo71]

I'm not an expert, but from my experience with this stock, it follows the banks down fast, usually dropping more than the actual bank stocks, and then recovers much more slowly than the bank stocks. Aside from that, it would be general market fluctuation. Or, bots, if that's what works for you.

[EdPaquette]

Good analysis.  Saw the zero in brackets and gave you a like.

[wobbles]

Thanks for your reply. By bots, I mean algorithmic trading. I'm not a trader, so don't read charts. But  you're right, it's really just the general fluctuations that accompany any stock. I appreciate hearing from someone who knows this stock. I have held it for less than a year now, and will hold it for the foreseeable future.

[unc12345]

Would like to know general thoughts on my opinion here.  I'll take the blame for not doing my due diligence on this stock (PIC.A).  I've paid a penalty for yield-chasing.  However, I'd like to say that I cannot figure out how this entire fund is working and it seems like a misleading investment vehicle AT BEST, and possibly worse than that.  Specifically, I bought