AVNR traded up and down the first few years after Nuedexta was approved and selling. There was always controversy about the scripts..........were they rising quickly enough....had they topped out.....would they get a partner for the EU, and on and on.
AVNR had a similar number of shares to KERX, in the 100 million area. Traded up into the $5-10 area several times, only to fall back below $2.00 due to tax loss selling. Was finally bought out in the $17 area as sales increased, but still hadn't risen to the $200 million area in 3-4 years after approval.
KERX just reminds me of AVNR, which for me was one of my all time best investments. Am happy to have nailed down a position here and will emphasize what I did numerous times on the AVNR board a few years ago.............have PATIENCE.
Don't underestimate the incompetence of the Government. They'd probably be overjoyed with the failure of fossil fuel producers.
Thanks for the morning chuckle. I've been posting here for years and enjoy (and initiate) many of the OT threads. OT for today...
* picking up the Grandkids from school....2 hours early out
*pray for the Packers to beat the Vikings on Sunday (we reeaallly need this one)
*get my snow shovels ready for tonight's snow (first of the season)
*try to find a Pollyanna DVD for my 9 year old GD (circa 1960 Disney movie)
**********enjoy all the posts on this board and learn from the experiences of other long time participants.
I'm holding SCHD. Similar to VYM, a little less yield, even lower expense ratio, and a similar mix of holdings with some differences. Have held - traded VYM here and there.
VYM has grown its dividend 48.76% since June of 2012 (June '12 - June '15). Has gone from $1.38 (12 months trailing) in 2012 to the present $2.053. Fantastic growth. Now provides a 3.23% yield on yesterday's close of $63.56 .............a great way (either VYM or SCHD) to get a nice, growing yield without all the headaches of picking and worrying about individual stock holdings.
I want to own MYL. Great value here. Just don't want ANYTHING to do with some massive acquisition that would saddle them with billions of debt and cause non accretive dilution for years to come.
I agree........very likely that GS has another agenda here other than just their "opinion" of what oil prices will do in the next several months. Can't be trusted.........ever.
1.....you get a 1099. Just read that in the "summary prospectus."
2....Yes, no issues
3....no reason except that some investors feel that an issue that classifies some of their dividend as 'return of capital,' (and they probably do, per prospectus) may not be well placed in an IRA.
4.....return of capital can be an issue in a taxable account. But, now that brokerage firms make those adjustments for you annually, it's not really much of an issue.
I've held FEI (an MLP CEF) for 2+ years in my taxable account. They also issue a 1099 and CHASE makes all the adjustments at year end. Only need to look at the amount of "non taxable" distributions and make sure you don't list them as taxable income on your 1040 federal form. Not a big deal. Have also traded and held several other CEF-MLPs with no problems in my IRA and taxable accounts.
The FEI that I hold is leveraged with about 33% debt. AMLP is an ETF, so they aren't leveraged. Just looking into AMLP as well and may buy some for my IRA in the income producing section.
Might be OK as long as some situation doesn't arise to give investors cause to worry about credit quality. Always remember that BDC portfolio quality is lower than junk bonds.
Kel.......................holding only a little FSC in the BDC arena
How could the Obama DOJ single out business executives for prosecution? They've almost totally ignored the blatant violations of numerous members of their very own Administration.
The additional cash may also allow them to achieve a better Royalty deal in Europe. No longer an immediate need for cash so they can go easy on the milestone payment and go stronger in the royalty area.
I think concerns with BDCs are rooted in the low credit quality of their investments, not in a tiny movement in interest rates. Might be worth following the "talk and actions" regarding junk bonds as they may be a leading indicator for BDCs.
No major concerns yet, but some negative under currents IMHO.
"what is in the news," you said. THERE'S NOTHING IN THE NEWS BUT THE NEWS CREATED BY BLOOMBERG AND CNBC. That's not news, that's "paid for" hype.