RE:Devils advocate... discount vs premiumAnd that's exactly why l will follow the Mouse on his daily NAVs but l never panic sell or move in and out , that's just gambling and anyone who claims to be right 100% of the time is a LIAR. Even if the shares dropped to $7 which l don't see happening , that's still 40% coverage and a great dividend.Every nickel l get from that Div is reinvested and my share count and profit has gone up considerably.History has shown , that betting against the CDN banks is a losing proposition and in the case of our US holding , better regulation and oversight has forced those Cowboys to do the right thing, For a change they make money because they earn it , not playing dubious games and acting like they are in a Casino.