what is going to happen here, they Puerto rico bonds but they are all insured, the Detroit ones I am not sure of, but the price is worth chipping at, a little at a time. This is all tax loss selling.
I know the manager of the other fund I own EVN, has been buying shares although it is still selling above it's NAV, so maybe he is not that smart after all.
the only thing that scares me about this reit is the total lack of insider buying, plenty of selling. Just not a good sign, I have bought a little at around 39.50, but nothing big, need to see some confidence by mgmt.
I think the earnings are going to be spectacular, and you may never see 55 again, just my opinion.
I think the whole idea of a monthly dividend is great for us retired individuals, it should also add some stability to the stock, although it has not done that for LSTMF which was petrobaken, , I have owned LSTMF off and on, I am back in this past month at about 7.75 which also gives it a good yield, but the stock is down from about $15 in the last year, with no great reason, other than the spread on the wti, and that gone, but still hangs around 8.45 with 12% divvy.
Don't know if anybody pays attention to this board, but there is no other place to share opinons on this stock , with the price of crude rising, I think we will se LSTMF follow, this qtrs. earnings should be good. Looking for any opinions.