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Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

Alternate Symbol(s):  CNDCF | T.BK.PR.A

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per... see more

TSX:BK - Post Discussion

Canadian Banc Corp > Market starting to bounce back
View:
Post by mouserman on Jan 21, 2022 11:22am

Market starting to bounce back

Not sure this is going to carry on next week. Interest rate hikes were always my worry, as many times it causes a 10 to 15% CORRECTION  in the markets. Banks arent immune , as we witnessed at the beginning of the pandemic. But these are strange times, and anything that was normal is no longer the reality.
My move to cash, wont change too much in the next few days.
Comment by Dumpinvestor on Jan 21, 2022 3:29pm
thanks for your work..i did sold all the ffn,bk, dfn 3 days ago. market is scary..i am in 70% cash for now..
Canadian Banc Corp
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