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Bullboard - Stock Discussion Forum North American Financial 15 Split Corp T.FFN

Alternate Symbol(s):  FNCSF

North American Financial 15 Split Corp. is a Canada-based mutual fund corporation, which invests in a portfolio of over 15 financial services companies. It offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in the amount... see more

TSX:FFN - Post Discussion

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Post by navgod on May 09, 2022 9:54am

Look out below!

Through $6 like a knife through butter --- still short over 90K of these bad boys!
Comment by JohnWalker on May 09, 2022 10:45am
Once bitten, twice shy. I lost a whole pile on these almost exactly a month ago trying to short them right around $7.00 and went against me.  But today I closed my short on DGS that I placed on Friday - bought 12K shares to close and made $1,650 holding for just the weekend. Today I jumped back into shorting FFN - should make holding these thru the next divi date easy as at this point there& ...more  
Comment by amugsgame on May 09, 2022 11:48am
Short both FFN and DF at this point - expect both to go to sub $5 when the NAV is underwater and that's looking fairly certain.. 
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