TSX:BPO.PR.A - Post by User
Comment by
CrazyTraderon Feb 20, 2024 4:30pm
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Post# 35889666
RE:RE:RE:RE:RE:RE:I should create a corporation, leverage it to the hilt
RE:RE:RE:RE:RE:RE:I should create a corporation, leverage it to the hiltThere's no "error". There's a reason why the T's are shorted like crazy relative to all the other BPO reset prefers.
Key word is "relative".
Based on what I see, shorts are not shorting because they think company will default. If they were, short position would be all similar across the prefers and much much higher.
They are shorting the prefers relative to each other.
There's a reason why the short position is so high on the "T's" relative to all the others. There's a reason why T's yield is higher.
There's no error. I posted many many times yields and projected reset yields. The market is forward looking. What do you see 5 years from now and into the future????..... You answer that reasonably, then you will understand why the yield on the T's is where it is and you will understand why shorts shorting the T's.
Last short report the T's shorted almost 375,000 while the A's around 9,000...... Why the huge difference?
Anyways, next short report, expecting short position on the T's to go down. The tshare price rend is going up, IMHO. Silly to short any of the prefers.
All just my opinion/view/thinking.