Will Big Bank Big Oil Split Corp. Short Squeeze Soon?

 Will Big Bank Big Oil Split Corp. Short Squeeze Soon?

The stock of Big Bank Big Oil Split Corp. (TSE:BBO) is a huge mover today! About 37,405 shares traded hands or 540.06% up from the average. Big Bank Big Oil Split Corp. (TSE:BBO) has risen 16.63% since March 29, 2016 and is uptrending. It has outperformed by 14.11% the S&P500.
The move comes after 9 months negative chart setup for the $18.94 million company. It was reported on Nov, 2 by Barchart.com. We have $5.19 PT which if reached, will make TSE:BBO worth $2.46 million less.

More notable recent Big Bank Big Oil Split Corp. (TSE:BBO) news were published by: Marketwired.com which released: “BlackRock(R) Canada Announces October Distributions on Big Bank Big Oil Split …” on October 20, 2016, also Marketwired.com with their article: “BlackRock(R) Canada Announces March Distributions on Big Bank Big Oil Split Corp.” published on March 21, 2016, Marketwired.com published: “BlackRock® Canada Announces September Distributions on Big Bank Big Oil Split …” on September 21, 2016. More interesting news about Big Bank Big Oil Split Corp. (TSE:BBO) were released by: Marketwatch.com and their article: “BlackRock(R) Canada Announces Details of Delisting and Mandatory Redemption of …” published on October 17, 2016 as well as Wsj.com‘s news article titled: “Break Up the Big Banks? Do This First” with publication date: February 17, 2016.

Big Bank Big Oil Split Corp. is a mutual fund corporation. The company has a market cap of $18.94 million. The Fund’s investment objectives for the preferred shares are to provide their holders with fixed cumulative preferential quarterly cash distributions and to return the original issue price. It currently has negative earnings. The Fund’s investment objectives for the capital shares are to provide holders of capital shares with regular monthly cash distributions and to provide holders of capital shares with the opportunity for growth in the net asset value per capital share.

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