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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

TSX:BNK - Post Discussion

Big Banc Split Corp > blow over soon
View:
Post by casino on Dec 03, 2015 6:29pm

blow over soon

These things happen all the time and they blow over. Buying opportunity for sure. And yes I would not be surprised if Govt official have shorted the stock and this was all planned. They would stand to make huge money. I also would not be surprised if people close to BNK management have also shorted the stock. This whole stock market thing is corrupt and who says BNK management didn.t screw around with the books a little, Anything is possible in the worlds biggest casino.
Comment by nexthink on Dec 03, 2015 6:31pm
This is wrong as the short didn't increase at all. So no short at all. Just weak hand, just investors who doesn't want to take the risk to lose everything.....
Comment by jutah70 on Dec 03, 2015 7:43pm
I actually had a very similar thought today that the timing of all this seems a little too orchestrated.  Would be nice if BNK launched an investigation into anyone who has shorted this stock to see if they may have 'convinced' the government officials involved to do this.  What better time to spook the stock than during tax loss selling season (when the stock was already a ...more  
Comment by skepticalme on Dec 03, 2015 8:10pm
If that's truly the case, and it might very well be, then those responsible have an end game. That means, there will be a simple and sudden resolution shortly, as oil's poised to rise and they want to go long with all the free shares.
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