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Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund company. The Company’s investment objectives with respect to the preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in an amount fixed by the board of directors on an annual basis. Its investment objectives with respect to the Class A shares are to provide holders of Class A shares with... see more

TSX:FTN - Post Discussion

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Post by Bankman7 on Sep 13, 2023 3:48pm

Daytrading

While l don't participate in that form of investing . I hold no grudge against those like Mouserman that do. As most here l appreciate his views and market analysis on the NAV and premium on FTN. But that does not in any way support that activity of in an out. And then back in.Whats it been 3 times in the last week or so. including preferred and other things. That to me is gambling and betting on a winning or losing streak meaning shorting. This board knows exactly what l think of shorters and those that have the attention span of GNATS. It would appear to me if they aren't trading daily or at most every other day they feel lost and consider themselves losers. I don't , l just think that they are like many younger than me , or have yet to learn a lesson of wins and losses and are not true investors but are just Speculators. I have a great appreciation for Mouserman but since l relegate him to a speculator l will take his NAV information seriously , his trades , not so much.
Comment by mouserman on Sep 13, 2023 3:53pm
No problem and no offence taken.  I sold off a considerable amount of FTN at $8.75 as I didnt see the big upside coming that many others felt. SO i made public my sell . I probably should not do that, as some dont take it as advice.  Will withold  my trading from public view,  from now  on, not a problem.
Comment by slst on Sep 13, 2023 4:17pm
Dear Mouserman:  We appreciate your comments, insights and warnings.  Sometimes the extra nudge, when you point out that the "premium" is too high and your have sold out is needed. Please do not take to heart comments by those that don't appreciate that FTN is an "intrument" that at times is particularly attractive and sometimes just "NOT" worth the ...more  
Comment by Golferman on Sep 13, 2023 10:28pm
Totally agree.... I look for Mouserman'd NAV updates and always appreciate his insight.  Golferman
Comment by FatTraderDude01 on Sep 13, 2023 6:54pm
I appreciate the heads up. This isn't a normal instrument to follow so guidance is welcome. Thanks in advance!
Comment by Inglewood on Sep 13, 2023 9:10pm
Please keep posting your trades, there is nothing wrong with sharing! Bankman is entitled to post his opinions, there is no harm and no foul. You can't make everyone happy, but you sure can respect everybody. 
Comment by PLang88 on Sep 13, 2023 11:11pm
I actually open up my phone daily looking for your comments and posts. You are a wealth of knowledge Mouserman and I learn everyday. Your heads up was on spot as it helped me come to the realization that FTN was going down a similar rabbit hole as DFN with a large premium. I made the same maneuver and timed it right for me and increased my share count doing this. Keep the information coming ...more  
Comment by Golferman on Sep 14, 2023 8:04am
Wel said Golferman
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