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PVHO could be the biggest growth play of the 2016. I get that this post looks like spam but do start own research and you will see. PVHO already has over 1Mil in revenue plus major contracts with huge national brands. Intel is even on board with this one – just check the latest PR. Do your research before PVHO takes off.
If you are after speculative growth look no further than PVHO. This company is making all the right moves! They have national brands under contract as well as real revenues. For a company with over 1m in quarterly revs it is trading at under a 10m market cap. Intel even wrote a bullish article on the company. Do your research asap.
I tried out PennyStock101 (org) on their last play and it wasn’t stellar. They were honest in stating that the play did not provide gains. Will keep you guys posted.
double hit today, xd plus off w interest rate sensitive issues. big UNII too, ROC/managed dist. seems like a lot of other better choices out there to me!
JRS is ideal for a small investor who is in the lower income tax brackets, especially those with incomes less than $40,000 a year in retirement. The dividend rate is 9.4% at the recent price of $9.80. And JRS is a solid fund in an industry that is recovering well. Thus it is the closest you can get to a growth industry at that dividend rate. I just bought another 500 shares at $9.53 this morning.
If you are wondering why JRS has taken a tumble in the last week it is because it is a thinly trades fund and any sudden selling pressure forces it down dramatically. There is no adverse business news. The current volume for today and yesterday looks like climax selling well over four times its normal daily volume. I’m guessing that someone woke up to the fact that taxes on dividends will probably rise from 15% to 25% next year. They had been planning on selling their shares and decided to do it in this tax year instead of the next year. But for us humble investors who buy for the dividends to supplement our social security this is an ideal fund to buy. You pay the commission of a stock even though it is a fund and if you don’t plan on selling you couldn't get a better dividend on a secure, stable fund.
It may retest the bottom of around $9.60 but it probably will not go below that. And there is an excellent chance that it will rebound tomorrow or early next week as soon as the Republicans realize the jig is up in preventing the rise in the maximum tax rate for billionaires, who have been abusing the average investor for the last ten years.
With the drop in the price to $10.31 the dividend of $0.23 a quarter has increased to 8.9%, a very good rate. The fund is solid and is not vulnerable to the whims of Washington's debt reduction debates. Yes, the tax rate on dividends will probably go up (15% to 25%) but that is such a poor reason to sell. What is happening, it appears, is that a large fund holder decided to get out. But this stock is thinly traded and any strong sell pressure pushes it down. Of course this also makes it more attractive for long term buys by people seeking a very good ROI from dividends. I bought more at its low yesterday and will consider buying more today or tomorrow. We could have a sharp rebound on Friday.
Well, now it is 11.35% What is going on? The real estate market is improving. This drop off makes no sense. JRS is healthy.
yahoo has wrong percent for div yield; div has been .23/quarter for at least prior four quarters, hence the annaul dividend is slightly over 7.8% at current price by my calc.
see this coming? JRS has had some very positive movement the past two weeks. With accelerated buying and about 8-9% div, I'll be holding this one for a while. It's too bad they stopped doing dividends monthly like PSEC.
Good time to add to position?
Dividend creeping up?
Here's recent news mentioning JRS - "Nuveen Closed-End Funds Declare Quarterly Distributions" - http://capitalist-news-updates.info/JRS