I got my ballot today and voted against the increase in shares but for the annual elections. I'm not sure I'm all for those, even, but...
There is something that's niggling me on the issues at this "Special Meeting". I'm trying to figure out what the two items might have together? I find it a strange ballot.
When I changed brokerage houses no one wanted to take this issue since it's an "Advisor's" fund? Finally, one agreed to take it but I was to understand that although they could sell it for me they couldn't buy anymore of it if I wanted to do so. (Who would?) One of the brokerage houses said it had to be bought in minimums of $50,000. It sure didn't when I bought it 1994.
Is there anyone else here that still has this and, if so, have you heard that?
Or, frankly, has anyone heard anything about this fund?
Yes, I had noticed that it was always after $100, which may be here before we realize it. For the most part I've been benefitted by splits, in that it allows more of the retail investors who seem loathe to buy a stock over $100 to feel comfortable buying at $50. Then, for most of the issues that I've had a split occur, they seem to slowly climb back to where they were when they split, giving me double the amount of money than I had.
Would they have done that, or as quickly, if they'd stayed at $100 and up? I don't know, but my gut feeling is that they wouldn't have.
So, that's why I asked for other people to chime in.
Who says there will be an MLP conversion. The president did not say that in the cc. He said they'd look and do what they felt was best for the shareholders.
Have you hear/read anything other than that?
At least they're telling the same story to everyone. It took them 13 days to pay one foreign dividend recently, and, of course, they blamed it all on JPM. I told, if that was the case, they should get in touch with JPM.
I'm in the process of filling out the forms for Schwab for part of that account. All the foreign holdings, at least.
Am I the only one still left here? Holding the bag, so to speak...in more ways than one! That nice young man who decided I needed to be in this POS had best not suggest any other issue with which to invest!
Is there a symbol to pick up the daily NAV?
See message 33273 from Passandshoot on Investor's Village re entirel ong news item:
Moody's Investors Service has today changed the outlook on Navios Maritime Partners L.P.'s ("NMP") ratings to negative from stable. At the same time, the rating agency has affirmed NMP's Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating (PDR) and its Ba3 senior secured banking facility rating assigned to its Term Loan B, currently amounting $250 million.