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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 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, the amount of which is... see more

TSX:FFN - Post Discussion

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Post by flamingogold on Mar 17, 2023 11:35am

VIX still under 25

VIX over 35 is a buy signal of mine and that should knock this down to the $3.60's area for a starter position. Let's see if next week produces more panic.
Comment by EdPaquette on Mar 17, 2023 12:52pm
I said in the past I wanna be like flamingogold. I'm waiting for the crash too, and 35 vix sounds good to me. Cash will be king when 35 arrives. I want bk for $5.
Comment by Pesyk1 on Mar 17, 2023 1:43pm
I am ready for ffn to collapse to 3.50 at least. People don't want to sell there holdings ,even though banks shares collapsing. Next week when they announce no distractions for classA , Maybe should change holding sentiment drastically. It's a wait and scenario.
Comment by Pesyk1 on Mar 17, 2023 1:45pm
Wait and see scenario, is what I meant .
Comment by flamingogold on Mar 17, 2023 4:23pm
VIX of 35 won't get BK down to $5. Maybe VIX 80... .and that's no joke. Don't see it happening though.
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