Financial 15 Split Corp T.FTN

Alternate Symbol(s): T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75% annually and to pay the holders of the Preferred Shares approximately $10 per Preferred Share on or about the termination date. Its investment objectives with respect to Class A Shares are to provide holders of Class A Shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company over $15 per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying over $10 per Preferred Share. The Company’s investment manager is Quadravest Capital Management Inc.

TSX:FTN - Post by User

Financial 15 Split Corp > The Shorters

<< Previous

Bullboard Posts

Next >>

Comment by navgodon Oct 06, 2023 1:29pm

131 Views

Post# 35673531

RE:RE:RE:RE:The Shorters

Eizenberg wrote: About short sellers... The shares of others should not be used by anyone else. If it is not yours you should not be allowed to borrow it without the owner's consent. Naked short should be prohibited.

I thought it was! The consent is provided in the terms of most margin accounts. Holdings in registered account can not be borrowed.
Shorters in splitshares generally help prevent over bullish investors/traders from more harm than they otherwise would incure. I really feel I am providing a valuable public service as opposed to the harm of mindless cheerleading. LOL

<< Previous

Bullboard Posts

Next >>

Michael Gentile tops up stake in Astra Exploration