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Alliancebernstein Global High I Message Board

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  • chiquitbumbalabimbomba chiquitbumbalabimbomba Oct 14, 2008 1:57 PM Flag

    Should Have, Could Have

    I singlehandedly made the market for this CEF on Friday morning at the open, for a few seconds anyway.

    There were no other bids and my bid for 1000 shs at 5.50 was the highest and went through.

    Got rid of those shares yesterday, but still holding on to other shares bought at higher prices.

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    • I'm envious, but can't say unhappy at all!! Next week after the dividends are out, I wonder how much of a dip we might have? Or will we break from the norm, and continue up to $13

      • 1 Reply to bullfor2001
      • I doubt we'll see 13 anytime soon, if it got back to 11 farily quickly I'd be really happy.

        But I don't think it'll be a straight shot to 11, probably go back down for a bit first.

        The dividend will probably not have any effect, anybody trying to "capture" the dividend (ie. get the dividend then sell for higher than the previous closing price minus the dividend on ex dividend day) in this kind of trading environment where you can wake up the next morning with the thing down 10-15% is just not too bright.

 
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