Brompton Lifeco Split Corp T.LCS

LCS unit nav to March 08 = approx: $16.32

[mouserman]

So ended up down about 7 cents since the last thursday update, and that prompted a TD seller towards the last hour to dump a huge position. Apparently the seller believed the markets are headed south for while and LCS wont be able to make distributions, or had sell stops in that got taken out. On this thinly traded stocks i dont use those. Doesnt take  al ot of volume to trigger a pullback. 
DIscount at the close is 35 cents or about  5.5%. Will be on the buy tomorrow, if the Lifecos rebound again.

[Splitfunding]

You taking a dangerous position imo. They're not wrong, banks are always looking to mitigate risk afterall. With Powell finally admitting that inflation is going to stay high and for longer than expected only a matter of time before the markets take a hit

[mouserman]

I am fully expecting a pullback in the financials, they had a pretty good run to start the year, especially the lifecos. But my dangerous position in LCS has a cost base under $4 with collected distributions, and LCS CONTINUES to trade at a discount to NAV, and that is something no other payings split fund common can say.' There are much more dangerous positions out there, as in DGS... DFN