Bullboard - Stock Discussion Forum Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date... see more

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Big Banc Split Corp > New Conspiracy Theory

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Post by trader99999 on Dec 02, 2015 1:55pm

New Conspiracy Theory

Ok, everything that is being reported seems to indicate that the Albanian government is biting off their nose to spite their face and makes no sense. However, everything revolves around money. What if the Energy Minister and the President bought up a ton of Bankers short contracts and then initiated this fiasco. Now that Bankers is threatening to slow down or shut down production, the prices are over $1.00 lower than they were when this started. That could result in a tidy sum depending on the number of short contracts.

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Comment by TrekPro22 on Dec 02, 2015 2:05pm

My thoughts exactly..

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Comment by trader99999 on Dec 02, 2015 2:28pm

I think that the accounts will be released by Friday...Monday at the latest. These guys have cashed in on their short contracts and can now play long.....it's all about money.

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Big Banc Split Corp