Q: I recently purchased FTN .to  (Financial Split Shares Corp)  as the NAV dropped below $15.00, the dividend was cancelled, and the share price dropped to $3.50 The NAV was  $14.45 at Dec 31. Since Jan 2 the US and Canadian bank stocks have started  a bit of a recovery and it seems like it wont take too much to regain the $15.00 NAV and dividend reinstatement.
What is your outlook for Canadian and US banks for the coming year and am I treading on thin ice here?? I know you aren't a particular fan of split shares, but it seems like there would be some nice capital gains and dividend if the NAV does go back over $15.
Thank you so much for your valued opinion.
    What is your outlook for Canadian and US banks for the coming year and am I treading on thin ice here?? I know you aren't a particular fan of split shares, but it seems like there would be some nice capital gains and dividend if the NAV does go back over $15.
Thank you so much for your valued opinion.
 
                             
                             
                 
                    