Yeah right. In June 2015 Icahn said there would be a 30% haircut in junk bonds in six months. Never happened. Of course he never said he was shorting. Junk has actually APPRECIATED instead and still paid those hefty dividends month after month after month.
Don't give them another chance. Stupid Brits are a bunch of bozo's.
I gave up on it and bailed at 15.89. NEVER EVER will buy it again. I learned my lesson NOT to listen to the talking heads on CNBC who recommended "insurance" for every portfoilio.
Yesterday we saw someone dump a lot of shares in the last hour but not today. Just normal weakness due to some unfounded fears about Brexit and the shooting which will not have any long term effect on this fund IMO. Just sit back and collect the div. We've seen this drop before and it comes back.
Worst investment I EVER made. Glad I only had 200 shares. Thanks Pete Najarian for telling everyone to buy this #$%$ as "cheap insurance" that everyone needs in a portfolio.
At $13.55 I guess it's a REAL BARGAIN huh Pete? Thanks for losing me $1000's you so and so.
Ha! Shorties can't say it because futures are black,black.
Then they can all discuss what to do while sipping their wine....