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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

Comment by ericshunon Oct 04, 2016 1:57pm
210 Views
Post# 25307769

RE:Re Re..... Sad Times

RE:Re Re..... Sad TimesWell guys.. this is goodbye. I frequented this board a lot in the last 4 years just trying to pick everyone's brains on the company and on how to invest.

Should've gotten out during the run up but was inexperienced and got caught up in the hype train out of greed. Got left holding the bag on a huge loss (entry point around $0.35). Finally decided to sell all my shareholdings today. Took a huge bath but it was clear to me that TST and the people we trusted with our money is going nowhere. Looked at PLI and realized that it's due for a run up as one of their experiment results is due this month so if it's good news then we all get screwed on the conversion.

It's been a wild ride here.. by wild I mean terribly depressing and jaded but thanks to all that read my posts and tried answering my questions and engaged in discussions. It's nice to be able to find an online community like this. Goodluck to everyone who have sold or are still holding.
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