Stock now at 13.82 on April 1st. Annual dist totals $1.40 @ .1167 monthly. Great getting such a nice yield. But, no point in doing it at the expense of beating up the NAV (net asset value). I'd be just as happy with a more sustainable 7 or 8 cents per month. No real glory in getting your own money handed back to you every month.
I'm in this CEF because I believe in the mngt's ability to grow the price and NAV over time. That can't happen if their available investment funds are reduced every month.
Kel..........holding THW and also HQL
Looks like someone could make some money trading RMTI and KERX back and forth. Now RMTI tumbling, maybe time for KERX to recover.
Npt many companies with this small of a market cap doing $100 million + in annual sales. Strong growth, much cash, and a real pipeline. Sweet deal.
Kel........also holding KERX, CELG, MSTX, and INO
On March 1st RMTI fell out of bed falling to $6 from the $10 area. Has been strong now for a few days for no apparent reason and has moved to the $8.00 area today.
Kel..................holding KERX, not RMTI
Carp hug the bottom. Love the mud like a Catfish except when spawning. Carp not spawning yet (here anyway).
See that story about the 13 year old boy? Was fishing for walleye on Green Bay and hooked into a good sized musky. Thought it was a Carp. Caught and released it.
Green Bay below avg temps the next 7 days....winter's not over yet................Kel
I agree......if they want to buy 1/4ly winners to show in their 3/31 reports.....they have to sell something to make funds available.
Thanks..........looks like coal still getting hammered down. Interesting that oil is weak in light of still strong inventories. Maybe a harbinger of lower production finally. Not sure why grains down so much, perhaps a seasonal thing that varies greatly when volume is light.
Some talk out there of Auto sales topping out. All good info.....all should read.
Would play havoc with Social Security longevity tables. The Gov doesn't want people living longer, they want them dying sooner. Saves many $$ in Medicare and SS.
You are very correct. Going it alone is a tough, long road. KERX is sitting on their EU approval and doing nothing with it so far. There's no way they can go that road alone. Too fragmented of a market there.
ACAD has a long road ahead doing it all on their own, at least in the US.
Thought we were starting to build a decent base for tomorrow, then we get slammed down 20 cents by a big seller that was willing to take a big discount to the last quote.
Same #$%$ action with KERX.......good test results reported yesterday pre market and a so-so response. Then today some upgrades and it drifts lower. Difference is that KERX's market cap is much lower and they're selling product already.