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Purpose Canadian Financial Income Series A T.BNC

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.To achieve its investment objectives, the fund will invest primarily in equity securities of Canadian Banks (up to 70% on an equal weighted basis) and to a lesser extent Canadian Insurance Companies (up to 30% on an equal weighted basis). portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and CanadianInsurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthlydistributions.


TSX:BNC - Post by User

Post by TheGreatKazooon Sep 18, 2016 4:23pm
190 Views
Post# 25250019

Only dum-dums would buy here

Only dum-dums would buy here
Flying over come Canadian biotechst his weekend.  I always imagine SH was for penny stock miners.  Things have changed in recent years...

This one is easy. Why deal with all the costs, hassles, paperwork and worries of an acquisition?

If you hold, sell here at 14 cents, get your cash working somewhere cleaner.

Any other CDN biotechs that are hot right now?  And no, hot in about to take off, not hot as "dumpster" in full fire.  Short that garbage!
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