RE:RE:RE:BK UNIT NAV reported by Quadravest @ $21.58How do you predict fear momentum??
IMHO, there will likely be a bit of a drop, how severe??????????????
IMHO, I believe the US interest rate hike was priced in at this point.
From what I can see on the momentum on this trust, there are a lot of out of country holders as well as a few institutions that need the income and there really isn't anything else out there, such as Canadian banks, that they can get the returns they need.
This isn't a permanent dip and the price will recover.
IMHO the price was to high when it was over $15 and they purposely diluted it with a public offering to take advantage of it.
With the NAV so high at present, I'm hoping they don't dilute more.
Usually, they don't create ''new'' units to sell, but release their own holdings on the markets.
Speaking for myself, I've never been able to "time" bottoms or highs with any regular accuracy.
Volumes on Friday were in the 18K range. That usually means day traders and momentum traders are the only ones selling. Again, this is just IMHO