I think thats a bit much. 21.05 would be more realistic. LMAO! Seriously, though, if they do not cut divvy again, this thing can only go up. However the price and the "supposed" yield says that many are betting they will be cutting the divvy agaim. I still dont know why they drastically cut it the last time since this is a "global" fund. Irresponsible margin usage?
ACTUALLY WITH NO DIVVY CUT THIS THING SHOULD AT LEAST TRIPLE. More than that will be tough since we are heading into a depression. Youd have to see a divvy increase for that which is very unlikely. Pray they dont eliminate the divvy or shorts will pick that up and drop this like rocky balboa to under a buck....fast! I wish I had the confidence to add to my position. I added a tiny bit today but would love to double it with this yield. But no, they aint bending me over again. But...Im just a daytrader, I am no expert on finance.