Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

Financial Services Asset Management

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

Big Banc Split Corp

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Comment by lefmike1on Nov 20, 2012 4:13pm

208 Views

Post# 20623774

RE: RE: RE: psychology of investing

I feel the same way as you BC I feel the stock is way WAY oversold... But also indicators are not positive either. They looked good up to the point where the early-mid 4th Q production was announced. I'm not happy with that either.. Yes we've been aroudn that but I'm still not happy. So instead of selling I bought another 10K

My float is at it's max I haven;t another cent to buy more unless I go into debt and not going to do that...

But now sitting heavy in BNK so rolling the dice I is.

What's retirement anyway eh? Might as well keep working instead of relaxing and fishing .. :-)

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