Life & Banc Split Corp T.LBS

I keep raising my ask on LBS to above NAV

[mouserman]

I have sells in for a major part of my LBS holding, and keep lifting the ask above the NAV for the commons, as i dont want to be selling the commons at a discount ...which are collecting 25% distributions at my cost base.
So far the bid /ask, on the markets havent come close to the real NAV on LBS..
I suspect eventually the market will dummy up the real value.  I would even take the premium DFN gets , despite the UNIT NAV being about a buck lower than LBS...

[JohnWalker]

LOL ... I keep lowering my offer on just a few more (I already have 20,000 @ $5.38) as the noon hour panic sellers have sold it down by $0.15 in the past half hour.

[mouserman]

Panic sellers, why? Because every stock in LBS is up today?  Logic and common sense have left the markets here imo. I see DFN up a bigger % than LBS, with  almost half of the top 12  holdings down at this point today. Only financials are up in that group... those down for DFN are ... biggest holdings TRP, TRI, ENB, BCE and Telus.

[JohnWalker]

I probably used the wrong term describing them as "panic sellers". What I notice very frequently that during the noon hour there are strong movements either up or down. What I think it is is the day traders who are at work checking in over the noon hour and re-acting to what they see. With prices closing at $6.12 yesterday and them seeing it move up to 6.35 this morning they see a quick

[mouserman]

[DivChain]

I borrowed money in March to buy LBS & I havent sold yet, am i crazy? I was planning on only selling when Cybertruck deliveries started,lol