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GAMCO Global Gold, Natural Reso Message Board

agsilverthailand 3 posts  |  Last Activity: Sep 28, 2014 1:10 PM Member since: Sep 6, 2012
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  • Reply to

    20.44% annual return if purchased at $5.63 !

    by ed_brady Sep 22, 2014 12:21 PM
    agsilverthailand agsilverthailand Sep 28, 2014 1:10 PM Flag

    You don t understand how this works. The dividend is CUT accordingly to the dropping share value. The ROI is ALWAYS NEGATIVE. Look at the historial price, the share price is down 90-91% and the total dividends paid don t cover that ammount. They issue new shares , the stock price goes down and than they cut the dividend. They have few tricks to avoid being legally called a ponzi scheme, but in fact it is a ponzi scheme.
    Of course if you buy it in its lowest peak and sell it again before the next price collapse you can also make money, but overall it is a fraud and the historical price/diveded history shows it has a negative ROI.
    I prefer 1000 times more PHT, which share price is not dropping and it pays a steady 10% dividend. Look at the ETF,s ,ETNs, BDCs, etc ....90% of them has never recovered from the 2008 collapse, but PHT has recovered the pre-2008 crisis price, plus it has always paid its 10% div. This is a really good stock, not the Cornerstone scams.

  • Reply to

    20.44% annual return if purchased at $5.63 !

    by ed_brady Sep 22, 2014 12:21 PM
    agsilverthailand agsilverthailand Sep 23, 2014 2:10 PM Flag

    i have lost 30% in few months with this #$%$. It is a ponzi scheme, there is no return. Just look at its "return" : -88% lost in stock value, much less on what it has given in distributions. This is A SCAM.

  • If this isn t a strong sell, so there are no strong sells on the market ! get out before it is too late !

    Sentiment: Strong Sell

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7.95-0.0800(-1.00%)Nov 26 4:00 PMEST

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