You say nothing consistently and you state PPS says nothing when he tries to answer your stupid questions? You need one of those hazardous material signs truckers use: Major irritant would fit you well.
Yes, the little guy gets screwed again. I'm hoping for a dcb soon so I can dump a few shares and recover some capital. Someone mentioned the target price was 9 to 14$ which should serve as a driver for such.
pls stop up thumbing yourself. It is so uncool. (it must be u, as no one could possibly think anything you write would be worth a positive rating.)
Says a lot about management looking out for the shareholders (sarcasm).
It is strange but , Brown's numbers re special div are the same that J Cooper stated a few months back. The pollys on the board down thumbed him for that, and now all thumbs up for brown. You have to love the consistency. It says a lot about the pollys.
What do you think of the asia pac voya fund? It has taken quite a tumble with the recent china problems. IAE closed at 10.25 yesterday after big drop on Monday. Yield is around 13% due to drop. Enticing but scary.
Don't argue with him. It wastes your time and the pig enjoys it.
I do enjoy clmt, however, as it has been trading in a low to high twenties range for quite some time. Buy low, sell high and sometimes get a nice dividend. What is not to like?
If they issued drip shares at NAV you would be getting 30% fewer shares. Drip is issued at market price. Maybe I'm not understanding you. You imply when share price falls under NAV the co no longer issues shares? I don't think so.
When you can get $55k/day and not have to pay for bunkers and full crew, I would say it is a good thing for tankers. FRO had some 6 month to 1 yr contracts like that a while back.
You didn't know this? Most every div payer does this bc the nav is reduced when money is paid. If you are using a taxable account, you should buy muni funds and live in FL where you pay no state tax. That thing on your shoulders has an object in it that you should start using.
MP: I believe you are correct. Large share holders have clout like that, not the commenters on this board. If you don't want your shares made available for lending, you have to have a cash account, not margin.
Their past clo sales indicates that more benefit will not be going to the share holders. Mgt loses money on every one, so the new plan is to spin off these losers to share holders who have to pay for them at the asking price instead of market price. I don't see the benefit. Mgt certainly does better at no risk. They get more funds under mgt, which increases their pay every month. I doubt they raise the div. so sh lose again and assume more risk.
I would rather see the one time div. which may allow me to exit this pig sooner.