Alpine Global Premier Propertie Message Board
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TIME TO BACK UP THE TRUCK!!
30% dividend from a diversified fund that is managed by professionals. I have already backed my truck up now watch and see everyone else come to the table and pay up to 10 bucks for this gem.
imho-
It helps to check behind you so you don't back off a cliff.
AWP NAV was $4.56 on Friday. -
I've come to the conclusion that given the state of worldwide mkts this fund's div capture strategy is going to fall short after the Dec payment. I think we all have to be prepared for a dramatic cut in the dividend and a long wait for global mkts to recover in order to see the NAV improve.
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Me too! Just bought more this morning. The Seeking Alpha article tells all.
- 1 Reply to fg144331
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You might be missing the point. Check out the dividend capture strategy. In their conference call they admit a complete disaster.
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the problem with this fund is the dividend strategy. The company they bet on is trading at 1.00 per share. cannot keep going. cut the dividend and HOPE for some recovery in several years. 2-3 per share.
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did someone ring the bell @ the bottom? i think not.
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