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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 > Am I ever glad this year is over
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Post by braincloud on Dec 22, 2015 11:17am

Am I ever glad this year is over

It's been a tail of 2 markets, Canada and the rest of the world in USD's and this year the stars didn't align themselves for Canada. Our dollar being so closely tied to the oil price is in the penalty box and will likely remain there for a while. The very last thing we needed to see was this idiotic issue with the Albanian's. With the debt offering and the involvement of the EU, IMF and the Canadian government I think the Albs got the message. That said, the damage is done. If the smoke clears we get a modest bounce in the stock. I won't even speculate how far it might go. Oil has broken to levels not imagined by the best out there, so I don't feel that bad about being in the space ( not! ). I think though, that US shale will see a substantial cut in production followed by a series of remarkable defaults and a round of fire sales as well. Interesting ( mostly amusing ) to me was Herr Himmler's comments about the huge increase of idiotic posters that came out like an army of roaches. More remarkable, is how blatantly misinformed and ignorant they are. I think I have increased my number of ignores my ten fold. I think I have 40 plus now. I think of them like trophies LOL. Is that wrong? Merry Christmas
Comment by Ice100 on Dec 23, 2015 2:59am
Yeah...it's wrong...your comments w/o all that other crapp aren't half bad...
Comment by nexthink on Dec 23, 2015 4:42am
BrainCloud, You were the one predicting 1 year ago Bankers will end the year over $5 ? the one who were predicting oil at over $70 by the end of this year. Well, you have been dead wrong. BNK is trading at $90 cents and brent at $36. Few persons on this board have been predicting this, 1 year ago as oil&gas111. But you prefer to put them on ignore and only listening people who share the same ...more  
Comment by braincloud on Dec 23, 2015 9:49am
It's easy to be right after the fact. If you were so convicted about the direction of oil what did you do about it? Were you short oil stocks ? Oil? Probably not. I made an informed decision about oil and BNK. Was I wrong? Of course I was wrong!! Again stating the obvious. I've looked back on some of the sheit you posted. Talk of nationalization, shutting operations etc etc. All of that is ...more  
Comment by lefmike on Dec 23, 2015 10:22am
BC I like you have increased the number of ignores to how many? I've lost count! It is truly amazing how many GURU's are on this thread, they should all be in Vegas making a killing predicting horse race outcomes or college football for that matter. The past 18 months have been a disaster for me, my investments in the oil area have dropped 90% all because a few times I had some on margin ...more  
Comment by himmler on Dec 23, 2015 10:32am
Yes BC ,we all would be rich right now.Its the same old game with the stock market.People on this board that want to stoop so low as to 'blame' a poster because he/she made the wrong call is inexcusable.I myself am harsh towards analysts,but then they get a paycheck wether they are right or wrong...and thats my main complaint about them.I know posters on this board are very informed and by ...more  
Comment by oilsyd on Dec 23, 2015 10:54am
Brainy, If I only wanted to hear people singing my tune, I would not even bother to waste my time coming on here.The whole point of being on this board is to hear the gamut of opinions.  I find it interesting that your opinion is always "informed" even when you are wrong.  It is just arrogant to claim that your opinion should be more valued than everyone elses especially when ...more  
Comment by lefmike on Dec 23, 2015 11:00am
Fair point there Syd only thing is, the idiots who come on here, have created their alias only a few days or weeks before and come off as being the al knowing and all seeing. BC does good research and yes it's slanted to an improvement in BNK why the heck not? I'm not speaking for him, I'm saying that personally I hate reading all the garbage that has gone on here. It's tiring to ...more  
Comment by oilsyd on Dec 23, 2015 11:23am
Leftmike,  you might as well speak up for BC because he has me on ignore!!!  Anyway, you are right about some of the comments posted lately,  but not all of them are trolls.  I use my ignore button too.  Happy holidays.
Comment by braincloud on Dec 23, 2015 5:06pm
Opinions are like a**holes. Everyone has one! LOL
Comment by trader99999 on Dec 23, 2015 11:13am
Well put Oilsyd...much better than my ranting.
Comment by trader99999 on Dec 23, 2015 11:10am
Brain, chill out.  No one can predict the future and this is why it is the stock market.  The point is get off your frickin high horse and stop pummeling people.  You keep talking about research research research...lot of good its done you.  This is a message board where people can express their opinions.  Some are sophisticated and others are not.  You just bully ...more  
Comment by braincloud on Dec 23, 2015 12:28pm
I don't bully anyone. I just hate it that people post sheit without checking their facts. Maybe you use "The Force" to pick stocks and form an investment thesis. I don't. Right or wrong I try and be informed. I post fact along with my opinion, which I'd say is pretty supportive of my position. If you don't value "facts" then it's your choice to ignore what I ...more  
Comment by trader99999 on Dec 23, 2015 1:06pm
Brain, I'm not even sure who you're addressing your latest rantings to.  It must be so difficult to be angry at the entire world all the time.  You have to mellow out dood or you're going to have a stroke or coronary....BTW, your latest ranting just proves the point being made about you.  Merry Christmas Brain.
Comment by braincloud on Dec 23, 2015 1:29pm
I'm obviously targeting you and your buddy Nexdink in my rant. I'm not having any issues with anger, except in responding to ignorant ill-informed clowns like yourself who couldn't conjure up an original thought if your life depended on it. Just look back at your posts. All are little quips that say nothing, add nothing except , like Himmler said, clutter up the stuff worth reading ...more  
Comment by trader99999 on Dec 23, 2015 1:43pm
So much for your "research" you moron.  I have neither hyped nor bashed BNK.  I think its a solid company and will do well.  Your ranting and grouping everyone into the same basket just because you don't like what they say...especially any criticism...puts you right up there with Donal Trump.  Get a life man..oh...and double check your facts.
Comment by braincloud on Dec 23, 2015 12:20pm
Here's why I don't listen to the likes of you Nexdink "US oil production is finishing the year at 9.2MMbpd up 10% over 1 year ago (the production is flat since 4 months now). " Jan 2015 US production was 9.365 million, It peaked April 2015 at 9.701 million and as of the latest report was at 9.326 million Secondly: Production in Saudi Arabia held steady at 10.19 mb/d in November ...more  
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