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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.


TSX:BNK - Post by User

Bullboard Posts
Comment by Ahsanon Mar 23, 2012 1:10pm
276 Views
Post# 19710526

RE: small picture people

RE: small picture people

oh man seriously be quiet with that nonsense. u guys are the first ones to disappear when the stock goes down. trading is necessary during the day. true hold it but trade it in between too. otherwise u are just holding and holding and holding. just dead money altogether. i have heard this nonsense so many times from ppl on stockhouse and when the share price is down 10% or so these ppl are nowhere to be seen. i am holding but i am also trading in between. there is no way i am putting in that much cash out there and just leave it there. right now bnk is moving sideways. going up and going down. this is the time to really make/save money. just follow the trading and sell at strength. not all but in increments of 20% each. and buy on weakness. again also depends on how much u hold. if u are holding 1k-5k shares then yeah sure hold it no problem. whatever. it really doesnt matter. but if u are holding a lot more and i mean a lot more then mister u need to learn how to make money in the stock market. because this strategy of just holding and praying is not going to work. that strategy became useless a decade ago.  

Bullboard Posts