Canadian Banc Corp T.BK

BK biggest % of cash for any financial split fund.

[mouserman]

Unless I am wrong BK has more cash at this time than any other split fund i have in my lists. 
The last offering raised  28.6 million $cad, ( which closed JUNE 8)  and prior to that BK's MAY month end report showed  9% in cash (approx: 25 million CAD) for a total of 53.6 million $ cad. 
That would be 17% in cash if my math is correct. Now BK could have invested some of that friday, as the offering did not close until thursday, but I doubt in these market conditions they are buying.
They may start buying today if we see a bigger % pullback.... 
Doesnt look positive to open for the financial sector , but we could see a bounce off the bottom today.

[deisman03]

I don't think the markets have fully priced in government folly, just IMHO.  From past history on government forced recessions, fear and momentum have huge effects and are mostly unpredictable at best.  Even the talking heads are mostly blowing smoke and seem to be running confused.  I can easily see general markets tumbling to a third+ from the recent highs.  I don'