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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 > Unscientific observation..
View:
Post by himmler on Dec 07, 2015 10:41pm

Unscientific observation..

Perhaps this point was noticed by others as it sure opened my eyes.I own quite a few oilstocks(too many it would seem) and BNK  was the only one ,that for the most of the trading day,was actually trading in the green.It was only the last hour that  it joined the rest of my oils.....in the red.
I wonder..was this actually someone building a position?Makes one wonder..what would it have done on a strong green TSX day?...or better yet..a day where oil didnt cave in?
Comment by braincloud on Dec 07, 2015 10:48pm
Frankly I don't know either. I'm getting mighty tired trying to figure it!
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