TSX:BPO.PR.A - Post by User
Comment by
pierrelebelon Mar 26, 2024 4:41pm
143 Views
Post# 35953988
RE:Easter Egg?
RE:Easter Egg?
How to explain an Easter Egg to someone, presumably an adult, who refuses to accept the written language and common sense?
The written language says there is NO guarantee by BN. Period.
Common sense says that S&P would not have downgraded the credit rating of BPO if those preferred shares were "guaranteed" by BN. They are not.
The same common sense would explain that acquiring BPO shares paying a 12%+ yield while BN preferred pay 5%/7% means that there is an added risk with BPO shares since they are NOT guaranteed by BN.
Yet one reads "All just my opinion/view/thinking/guessing.... wouldn't want to test that thinking in court. "
What is wrong with people?
They know they are wrong, yet they argue, non-stop ..... and insult everyone - with experience - dealing with facts.
BPO preferred traded last year at very low prices and high yield because they offered a higher credit risk without guarantee from BN One should be happy for the opportunity to make money, lots of money. Yet one tries to prove something is wrong?
What is wrong with people?