RE:Brompton posts update DGS UNIT NAV @ 14.86 to March 5mouserman wrote: So DGS doing a lot better than many of the other higher priced split funds... FTN and FFN come to mind, still trading at big premiums to NAV.
However still not a buyer here... crash may continue into next week. Bottom? Maybe a 25 % correction here....
DGS commons were at 4.85 as of the close yesterday. Today likely down another 2% , at least at this point. Might see a bounce later in the day.
Yes, I've reconsidered my opinion (and my re-entry into equities) of yesterday. Sold everything I bought yesterday - wow talk about whiplash. I'm of the opinion that we have much further to go down. TSX has lost roughly 10% since this started and I think we can go to 20-25% before it's over.
I've tried multiple splits and multiple times and my brokerage has never got anything to lend me so I can't short anything. As a result I've attacked it from the other end and I have put a big stake on a Bear ETF.
https://www.horizonsetfs.com/ETF/HFD