Big Banc Split Corp T.BNK

bought twice today at 1.84 and 1.85

[uograd]

My feeling is as soon as the Long Run approval is announced this will jump through 1.90 and probably closer to 2.00 and stay there.

Long Run is now 45 days since its AGM so the approval from Investment Canada (assumng it is coming) should be any day now.

[needwisdom]

there is no relationship between Long RUn and BNK...it is only psychological.

[uograd]

Actually that is the relationship and it is huge.  Once the Long Run deal is confirmed, the market will have signifcantly more confidence this deal will close which is why the stock will run up to 2.00 and cut the arb to a more reasonable 10%.

[GoGoGoniko]

doubled my position today added at $1.83 now my average cost is $2.1 This is a safe bet, even the deal wont go thru, it's a good deal at $1.83

[braincloud]

Since you offered, you've piqued my curiosity, exactly how many shares did you double. I think that saying the word 'double' sounds way more profound than if you said I bought 2000 shares, doubling my position! I really hate it when you guys try and sound sooo very self important like you know what you are talking about!! You newbies drive me freakin mental!!

[braincloud]

Now, if you said that I double my position and NOW I have 500,000 shares, I'd be impressed!! Your silence speaks volumes. I see the types of stocks you buy! Near penny stocks and the dregs! Your a slug! Fk I will be so happy when this saga ends so I won't be reading the drivel you guys post!

[balanda]

different cases LRE had secured a $100 million private placement with Hong Kong-based Maple Marathon Investments Ltd., which has now been terminated but for BNK theres a non-completion fee of US$20 million if the deal is terminated in certain circumstances. big difference but yes if LRE is closed and confirmed people will be more confident that BNK deal will be close..

[TradingForMe]

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