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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

Financial 15 Split Corp > lower highs and lower lows scrooge market continues.....
View:
Post by pooltec on Dec 17, 2024 12:24pm

lower highs and lower lows scrooge market continues.....

These funds are the definition of a falling knife in falling markets.
Comment by deisman03 on Dec 17, 2024 12:57pm
No, I don't believe that.  I believe the present fluctuations are due to political influences, and the rising US dollar, which is always detrimental to Canadian banks. There are other influences of course, but it didn't help when Carney ducked out on Trudeau yesterday and refused to take the position of Finance Minister, along with five other MPs.  This creates a lack of trust ...more  
Comment by pooltec on Dec 17, 2024 1:43pm
Hense the lower highs and lower lows last 2 weeks.  Taken an uber lately? The drivers are all making less.
Comment by pooltec on Dec 18, 2024 3:49pm
Extremely lower low! US can barely drop their rates and we can't drop them fast enough.  Don't think I will be buying for awhile!
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