RE:RE:RE:SMACKED!!raptorsfan wrote: Any prediction on where the bottom will be?
I don't like making predictions because I am invariably wrong. I make guesses instead. My guess right now is that we will see one more day of panic selling (depending on markets of course) and a low around $4.50 After that I don't think we'll see the huge drops like we did last December, but we will probably see trading at @ $0.10 - $0.15 discount from NAV. No telling where NAV will end up if the markets keep dropping or if we go into a full blown recession. I agree with "flamingogold" and "mouserman" that the re-balancing of DGS with less emphasis on the Canadian banks will make it a stronger product and so will likely stay closer to NAV value.