Another great opportunity on FSC this morning. The SPO was offered at 10.85 a few days ago. NAV last reported(I could find) was 9.92. I was buying more today(outside of Glad) at 10.34.
Re-visiting history just for a moment. if anyone wwere to have purchased FSC during the last spo (4/15), anywhere between $10.26 & $10.34, stuck around for the 9.6 cent divvy.......... well, they could have sold from up until 5/22 for $10.8X. i know, i know it's a run-on sentence.
BUT - it was a good bet!
Congrats to those who played........................
***** you walrus. I sold cfp on x-1 at 6.21. I bought back on x+5 for 6.00. I do not know if I got lucky or what, but could of done better if I had not gone upstairs to cook breakfast for my wife and I. That was a damn expensive bacon and eggs. I still did good and will be looking to enhance my luck in months to come using this technique. Thanks doc! jdrmonte
I'm beginning to wonder if you one of your aliases is doctor_ sickens? You used to have something to contribute to the MB. That was a long time ago.....now you grace the halls with as much imagination as the Dim One.
Ok, I am out from under the bed ;) , Bt some more FSC @ 10.31, trading around core position lowering BE, will right size position on bounceback. Looking at ARR to lower BE, and hoping for a pullback in JTP for initial entry, late to that one.CFP, CLM, CRF all have lower lows than yesterday. I will wait until GLAD meant. Good luck all with your shopping. Bow
Not true of FSC. Pull up a 1 to 2 month chart. FSC has tracked up from March to its high a week ago (close 11.07, Glad/3%, (X-1)). The last time we hit 10.30 or less was the end of 2012 at the FC scare, the Nov 14,15th two day crash and before that last summer. This(Was...;-))is a great buying opportunity, IMO.
Quiet out here. It's OK to come out from under your beds....;-) Looks like out a blow out bottom might be in store for the close. Time to lock and load on FSC and ARR. Don't forget LINE. I want more of the May36Calls @ 2.00 or less. Come to Doc....;-)