And the next time someone needs a drug in her family.....there wont be one.......... because there was no incentive to develop them. She is desperate to rise in the polls.....and I dont want to see her dancing on one...unless she is in Poland.
I find the present scenario an investing minefield. Stocks may or may not correct further. Bonds are not acting in their usual function of offsetting stock losses....trading lockstep with stocks. Commodities,although attractive in price,will go down further right along with stocks if China/Emerging Mkt GDP contracts more. Going to let things work themselves out for a time here methinks. adieu K
I bought this for the long term,but that term may be longer than I anticipated upon purchase. If this slow erosion keeps up it may not rebound enough to offset the principal loss occurring now...and there maybe better places to invest.
Gate's reasons invest in this may be different than I can understand...at thirteen million shares at an avg price around 11.30....that is a lot of principal loss.
Own some GLQ,PCI,EDI & CIK in addition to this. Seems like a slow crawl downward and I cant get a fix on year from now. Do not want a continued depreciation in principal. Any thoughts?
I agree,so why do they keep buying and the principal keeps eroding?
Waiting for a reversal once interest rates start going up and they can maintain the dividend?.I used to own this but sold a month ago on principal destruction. I own JRO and the only threats I can envision are interest rate increases or fear of too much leverage.
Would be most interested in your opinion.
Anyone who would think that an FDA fast track announcement and subsequent stock rise to over $4. with all gains given back in two days is normal is delusional\ Mr Potato Head.
I have watched my LZEMX slowly give back all my gains for the last 5 years,thus watching this decline is no shocker......might even go lower....but it pays a nice div which for now they can afford.