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 > You ask yourself...way too much question....

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Post by Bobby99 on Apr 16, 2016 6:42pm

You ask yourself...way too much question....

With the price of oil increasing bankers wont go back to 1$
it would be sitting now arround 1,50.. Anyway
that company woth way too much and i wonder if ther triggered the panic button way too in advance......

buy and risk to make 20% ....or wait that it will come back to 4 $ or even more.......

no risk

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Comment by herrstock on Apr 16, 2016 10:58pm

Brent oil price on April 15 was 43.09, on March 21 was 41.54, with a difference of 1.55. With the existing oil glut, I think you are way too optimistic that BNK could go back to 4.0 in the near future.

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Big Banc Split Corp