Time to sell this stock. It is a sham or worse a panzi scheme. Selling assets to support a over sized dividend,that attracts the stupid and greedy to buy the stock and support a much higher price than is justified. If you own this stock and have not read their 10q or dont understand what you have read just get out before this company goes bankrupt.
Jesus man, why don't you finish your selling and be done with it. Don't understand your great concern for others holding the stock.
Some of us have read the 10Q and listened to the conference call and still want to be in the stock.
If you listen to the conference management they hold valuable assets which will be recognized in time. While we wait they believe the dividends can be sustained. Their div capture strategy represents between 25 and 40% of the portfolio. 5 years from now, especially after what is happening in the US and may happen with other governments, peple will say the standard phrase. They will say" can you believe such and shch was selling for x only a few years ago and paying a fantastic dividend? Man, I wish I would have had some guts. Well that's while I will never be rich." And so it will go this time, next time and again and again. Just be patient and collect 20%. Things are at the beginning of starting not to get worse and a year from now things will actuall start to get better. You can ride this fund for the next 6 or 7 years. Get out sooner and you will hear yourself say" I just never thought it could go that hih". Things are really broken now and it will take years to fix them. Today is the wrong time for cash!
Have you read their 10q? If not you are the idiot. If you are a piece of shit remains uncertain. Let me guess, you own this stock and are in at a price higher than todays quote.Rather than just hurl insults tell me why you should own this stock. I will bet there is no response from you to the last part of this post.
I listened to the conference call and have the transcript. I am not selling, but it is killing me. I think the diversified portfolio is sound for the most part and there is some insider buying for what thats worth. Not much, apparently.