Remember to exit FSC, CLM, CFP and ARR today as tomorrow is EX on these. What a run. Speaking of which, I have to run. Someone else determine the gains this month on GLAD/3%.
I think it will make all of those trading, well....glad....;-)
Your right Doc, it made me glad, I believe the question a lot of people ask is ( is it worth it figuring out the glad system as opposed to just buying and holding for the divy) Here are my April results with commissions figured in to compare to the dividend. Everybody will have to make up their own mind but I will continue with the glad system.
ARR bt 6.21 sld 6.42 +21 divy .07
CLM bt 6.88 sld 7.31 +43 .1022
CFP bt 5.72 sld 6.20 +48 .0854
FSC bt10.81 sld 11.05 +24 .0958
Total return +1.36 Total div +.3534
MAIN not glad met
PSEC will buy on APRIL 12 if glad met
Don't knock it , I am holding 800.00 LOSS on Arr and Psec another 600.00 , I had to hold these through the div the last time and im stuck again or take the loss and try to get in lower after the x . I tried aveaging on Arr 6.84, 6.66 and 6.36 , as you can see im screwed .
My results were similar to Bow's, but a little less because I was late to the party with CFP and CLM. I tried both shares and calls with ARR and found the ROI 0.005 better with shares.
I followed UAN down and am at BE of 24.89. Looking for 25.50 plus before X-1 (about May 3). A potential exit point is the end of next week.