What am I missing?
1. Barrow money for less than the dividend yield.
2. PE is 9 to one.
3. Yield is more than 11% and is continuing.
4. Write covered calls to double the yield to 22%.
5. Wait for the SEC to finish and the price doubles.
6. Walk away gains are compeling so I stay invested and collect 11%.
What? How can this be? Get out of here.