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

Add To Watchlist

TSX:FTN - Post Discussion

Financial 15 Split Corp > bid/ask @ $1.35 BELOW nav...

View:

Post by mouserman on Dec 18, 2024 9:13am

bid/ask @ $1.35 BELOW nav...

Showing $9.18 bid /ask... and value of the commons at around $10.53.. not sure why the attack on FTN is so crazy. CAD unchanged from yesterday, just below 70 cents USD

101

Comment

Comment by Inglewood on Dec 18, 2024 10:54am

It was weird... my guess is a whale probably dumped their position, stop losses got taken out, and then some retail hands panicked and ran for the exits. Alas, at the end of the day, as far as catalysts go, its ALL really about Powell's press conference today, provided he doesnt shock the world by not cutting. Whatever it is, positive or negative, I'm sure there will be an overreaction ...more

Comment

Comment by Toppicks1 on Dec 18, 2024 11:03am

97% chance of 1/4 point.... no mystery of what is coming...

Comment

Comment by Inglewood on Dec 18, 2024 11:23am

100%... I mean 97%! The only mystery is what the commentary will be. Will he indicate a pause in January? What will the dot-plot show with respect to future cuts? The rate decision itself will be a nothingburger... unless the 3% longshot cashes in. The market is still pricing in multiple cuts for next year, and if Powell materially degrades from that estimate, I can almost guarantee you that ...more

Comment

Financial 15 Split Corp