It depends what you want. If you are selling you want the price to go up. If you are accumulating additional shares and not planning to sell you want the price to go down to get more additional income by reinvesting in lower priced shares.
Scott: You started this thread on June 28 at 7:45 AM. In that original post you said:
==== In 12 months EVA could easily be breaking above its recent highs of 23.50.====
Since you wrote that there have been ONLY 4 TRADING DAYS and EVA has already retraced all the lost ground and closed above your projected one year goal of $23.50 at a current $23.84. Nobody knows where we will be tomorrow but long term in a co-operating market EVA should be higher.
When they give 'catchy names' to everyday news events they are catering to the Tourists to help build the audience
I personally don't believe your 20% sell rule is valid, because you are basing your investment on what other people do, and believing that they are correct, when in reality they probably could know less that you do. That's why the most money is made by those that buy near the bottom
HASI closed at all time new high at $21.60 on June 30. Went X-Div $0.30 on July 1 and traded up again and closed at $21.43 up another $0.13 for the day.
There are reasons why stocks trade at NEW ALL TIME HIGHS. Not 52 week highs, but NEW ALL TIME HIGHS.
HASI current $21.43 price is $0.93 higher than the recently completed stock offering price at $20.50 PLUS the $0.30 X-Div that has been deducted from the share price and will be paid in cash on July 14th or dripped into additional shares on July 15. . HASI Market Cap is up to $984 M and climbing. 16 months ago when I started buying HASI, the market cap was below $500 M I believe HASI has a bright future and I have been buyang regularly and dripping as funds permit. The dividend last year(2015) was 77% tax deferred which is also important to me. HASI's dividend policy is to raise the dividend once a year for the December payment. I expect they will raise from the current $0.30 a quarter to $0.34 a quarter, and believe there is a small chance they might raise it to $0.35 per quarter for 2017.
I believe HASI is in the early stage of their growth potential and If I am right , or even partially right with HASI, the next few years can be a life changing event for those that understand what HASI is doing and is willing to hitch your investing wagon to HASI.
DO YOUR OWN DD.
I sold all my ACAS shares (they were in IRA's) when the merger was announced (After the many schemes they had previously announced I just wanted out ) I originally was in ACAS for income and decided it was time for me to control my destiny in ACAS again I took the opportunity and sold all my ACAS for an average price of $16.085 and reinvested it in ARCC before the 6/13 X-Dividend date to start receiving dividends. I just received the ARCC dividend on Friday July 1 and it was dripped into additional shares at $14.175279 I now have approximately 1.1 Times ARCC shares compared to the ACAS I had owned and they are currently paying $1.52 per year. I am now looking forward to the Sept $0.38 dividend that I hope to drip that dividend into more additional shares..
And most important--I don't have to be concerned with what Malon is scemeing anymore.
good luck to all
MrWright: I don't believe Britain will sink below the water like Atlantis did many years ago. I believe the people of GB will need electricity and heat and air conditioning going forward just as they have done before. They are not going back to the stone age. The majority of the contracts EVA has is denominated in US Dollars and they are with Britain and not the EU
Scott: The time to buy is when most others are fearful. $1000 will buy you 45 units at current prices. That's $91.80 at the current level of payments.. The last quarterly payment was $0.51 and managment has guided that they will pay AT LEAST $2.10 for 2016. They even gave us a roadmap. To pay AT LEAST $2.10--That means they expect to pay
1) May 2016 $0.51 ( 1st quarter Already paid)
2) Aug 2016 $0.52 (2nd quarter)
3) Nov 2016 $0.53 (3rd quarter)
4) Feb 2017 $0.54 (4th quarter)
My expectation for EVA to reach their guidance for 2016
Total $2.10 for 2016 EXACTLY WHAT THEY GUIDED EARLIER THIS YEAR.
Now you can judge if they can produce the numbers they claim, or not, or do better.
I've been adding recently
Leggendd: Make your own decision. Buy if you like ETE-Sell if you don't. A year from now you will know if you did the right thing or not.
A lot of money can be made when it works out. I had it happen in 13 years with MWE and am looking forward to ETE to do it again.