ARR just delivered a message to investors. Message was received loud and clear here. Bought more today and will overweight my position in next few days. Mgt could have weaseled out and left investors wondering when the next divy cut is coming. Instead they stepped up with confidence and pre announced entire year divy. They are confident in their hedging strategy, and confident in the earning power of the portfolio.
been a few years. this cef continues to be a good income play for retirees. paid a year end distribution as well. share price gonna take some lumps as rates head higher. but still a solid choice and a excellent fund to slowly build a position
This thread has to be kept alive. So that future SBUX investors visiting the Yahoo message boards can see what true ignorance is. A greater % of the world population drinks hot tea, than hot coffee. Buying SBUX on pullbacks now is like buying three separate companies, all it different stages of growth. SBUX, Teavana, and a packaged goods company. Teavana was doing just fine as a small company before SBUX bought them. With SBUX marketing and branding, Teavana will likely be a much better fit globally (Asia especially China and India) than SBUX brand.
Baxter's pipeline arrives later in the game, for now take advantage of the gift the market is presenting. I could understand averaging in over the course of the next month. I've added some already and will add again if market meltdown occurs due to Fed Gov't #$%$.