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Cohen & Steers Reit and Preferr Message Board

  • alta10bc alta10bc Dec 13, 2007 9:32 PM Flag

    Wachovia on RNP............

    I do my own trading with Wachovia, but had a call from the broker there recently that advised me to sell, sell, sell! At the time I did not know that Wachovia owns 87,824 shares of RNP! Not a large amount but low float on RNP! With an 11% yield plus a year end Capital gain of $1.75-$2.35 and the turkey wants me to sell! Get a life boy! Bought more in low $20.00's recently and will buy more if drops there again.

 
RNP
20.96-0.06(-0.29%)Aug 24 4:02 PMEDT