Canadian Banc Corp T.BK

BK unit nav in realtime @ approxx: $19.65

[mouserman]

So the spreadsheet is showing a 90 cent loss since Jul 31 and prudently BK had a bigger than normal cash position.
Last quoted  sale for BK commons was at  $10.74 , while the value is approx: $9.65 so premium had jumped up to about $1.09, or about 11 %. Not sure i would bite  at this price, as I believe banks may have more downside. Just as safe to sit on the sidelines for me, until mid month update at least.

[deisman03]

Trying to make any sense out of what's happening during a panic situation, using funamentals is off the table IMHO.  Now for anyone interested is the time to "speculate" on the emotional and manipulated momentum being fanned to a roaring blaze, by people with far different interests than most on this thread.  It's that time of year for such things to happen

[flamingogold]

Regarding Berkshire, let's put it into perspective because without the details your comment has an ominous tone. Berkshire's Apple stake grew to an enormous pile. It's turned out to be an excellent bet Buffet made a few years ago and illustrates why he is the greatest trader alive and maybe ever. Every seasoned investor knows that the best portfolios require routine maintenance by

[deisman03]

fg, the comment on Berkshire was an example, if you want details???????? For many, likely even professionals, they don't question why Berkshire does something.  They just react. This was obvious with many of the talking heads.  Berkshire restructures regularly.  When several different actions happen, across the world, causing markets to fluctuate more than they normally do

[flamingogold]

Since you mentioned the word "herd"... let me just say that I am a contraian. I never follow the herd because the herd always goes over the cliff... always. As an example, and I have many in my portfolio, I was buying nursing home stocks in 2020 during covid when every night there was news about seniors dying. It was sad to hear and while the politicians were busy shuttering businesses,

[deisman03]

You're reading more into my post than was written.  Not accusing you of being part of any herd.  But you know there is often a "herd mentality" driving segments of the market, retail, wholesale and broker investors alike.  You like to have many eggs in your basket of investments. I don't. That's OK if it works for both of us.  The recent "