RE:RE:RE:RE:RE:LFE unit nav to AUg 14 = approx: $15.10I own FFN prefs so don't double up on the commons. And I haven't owned FTN for awhile, I believe they reverse split and I've just stayed away from it. Hold BK and DGS instead for longer term and trade DF, DFN and occasionally LFE.
Yes, any market pullback is going to hit all these. My average for DGS is $1.47 and held in a TFSA. Will never let that one go. BK always pays as do FFN prefs so even in a down turn I get paid to wait for a market recovery.
There is one more that I own long term but it's sleepy. BEPR. Bought it during covid. Haven't made much on the cap gain side yet but it always pays and I believe it will start to climb again once the FED rate cuts begin.
mouserman wrote: flamingogold wrote: You mean this?
https://stockhouse.com/companies/bullboard?symbol=t.lfe&postid=36087033 Post by
flamingogoldon Jun 13, 2024 10:48am 92 Views
Post# 36087033
Like clockwork
LFE is always a sell at 5. Always. Indices this year have sported multiple records and yet LFE falls flat once again. Buying this for cap gains only is the better strategy
I have been saying for awhile that LFE is a better buy in the low 4's or mid 3's for cap gains only and it's a strong sell at $5. When it was over $5 I recall reading how this was still a buy cause it's at a discount. The shares here always trade at a discount. It then sold off hard.
mouserman wrote: Yeah i remember a few weeks ago you were saying buy at 3$ and hard sell at 4$ how did that work out for you...? People who were buying at 4$ were a lot smarter... Lifecos earnings and fundamentals are pushing those up, not some charts from when the interest rates were near 0%.
SO DFN , DF , FTN and FFN all were at a discount and sold off hard... what was the reason for not including those .. When the stock market crashes it takes no prisoners , no matter the fundamentals.
There is a reason why LFE is the leading % gainer the past few days.,.. it was more oversold than the others.