So many posts saying nothingI am known for speaking my mind and visiting a board has to make sense. I have no idea what the piles of discussions are all about. Either you hold if you own shares, or you don't. So what purpose do all the discussions serve?
What we see is normal. Majority of share holders put up camp and wait for closing day. This is why the share price had varies very little between $1.86 and $1.81.
But there are smart traders who see a better profit-making on other stocks, like buying TD or BMO and get .50 cents to .83 cents divident between certain dates. Some people may have to sell some stocks because they do not have enough cash. Right now camping around BNK deal may not be smart money. It is dead money until closing sometime in June.
My money cannot sit on its butt. It has to go out to work and make me money. People have several options, depending on how many shared of BNK they hold.
Camp out for 3 months is not smart. But, whatever you do, is fine with me. Have a nice day.