Canadian Banc Corp T.BK

BK is ok for a hold

[mouserman]

For investors that dont want to watch it every day, and dont trade .... its great .
Thats not me. I dont like buying anything at a premium... and prefer gambling on LFE at around 4 $ and getting 28% distributions instead of 15 % on top of the big capital gains.
 But go ahead and dump all  your dough into BK , i am sure you wont lose .

[flamingogold]

No one owning this is saying to dump "all their dough" into it lol. For me, it's around 5%. I even buy LFE on and off too but for a capital gain play only not distributions. BK and DGS are more reliable holds if the strategy is reliable distributions. There are others too like EIT.   I'm mostly a dividend investor than a trader, I think that's the disagreement

[marketsense]

Thanks for that fg.  I also am more of a div guy but now and again make a swing trade if values seem temporarily out of whack.  DGS did exactly that yesterday and today.  My strategy there is to hold a core but trade 1/2 in and out.  BK being less  volatile is strictly hold and collect.  Mouserman is a swing trader so his comments are slanted towards that strategy

[BLOODTHIRSTY]

Rather than describing the distributions of LFE as 28% I think 2.3% each time it actually pays is more accurate.

[mouserman]

Well my average with trading is at about 4$, so i dont know how you figure things, but i am making a lot MORE than 28% .. and 28% is the annual yield if it continues to pay.. not the history of the payout of distributions when interest rates were near 0%.

[BLOODTHIRSTY]

Agreed...IF.  I hope it works out.