Brompton Lifeco Split Corp T.LCS

LCS getting dumped no matter about discount

[mouserman]

Apparently the sellers dont care whether LCS is a better value than others, when its time to exit , just sell at market.
I have the NAV of the commons @ about $5.15 here... but the general direction of the financials is still down. ECB hiked rates another 50 points, so expect more contagion as the bond yield jumps because the value of the bonds continue to fall.  Many firms have millions tied up in treasuries and bonds, thinking those were safe.

[itsthehitman]

But really...where is bottom? Ready to pull trigger on many... but can't seem to find bottom....will sit on sidelines and watch and see if politics plays out and helps this mess.  

[mouserman]

Not feeling nearly as bullish about LCS chances at staying above 15$ until next  Right now the UNIT NAV is about $15.18, but that is only about a 10 cushion for paying to commons. What is amazing is watching FFN , DGS , DFN and others sporting huge premiums and hardly selling down at all. I would imagine DFN is approaching the 15$ mark today and may drop below. Quadravest usually uses the