Jacal. all you had to do was pull up a 5 year comparison chart between this fund and its NAV and you would see that it is quite common for the premium to disappear for a very short time. The last 2 years have been an exceptional period but this is not surprising.
Historically these funds have always dropped back to 3-5% premium for a time before heading back up towards 10%. Anything above 7-8% should have been considered extremely risky. The last couple of years have been unusual in that the premium stayed very high, probably people chasing yield. Now all you are seeing is a normal fall back to a more reasonable level. I bailed a bit early two years ago because of those high premiums but anyone that thought 13-18% was sustainable deserves to get slaughtered here.
You're an uninformed idiot about fracking that has bought into all the hysteria and ignored the science. As for earthquakes, 100 years is a mere pittance of time and unworthy of discussion. The world has always had earthquakes, volcanic eruptions, tsunami's, and natural disasters. It's only been in the last 100 years that populations and science has grown enough to notice/record them all.
It's no more pathetic than shorts crying that the sky is falling. Face it, 95% of the drivel spouted on these msg boards is pathetic.
Half of all oil consumption is used for manufacturing, including that Tesla. Never buy anything made of rubber, plastic, steel....etc and maybe then you could say you'll never need fossil fuels.
If it was as simple as growth and earnings then stocks like Amazon would be in the single digits. Let me give you an investment lesson. Stocks don't trade on current earnings, they trade on future growth and potential. Tesla is up 10 fold in 5 years and is bleeding red ink and a penultimate example of how wrong your thinking can be. Your bet is that ACAD will never get approved. Our bet is that even if the current mgmt team is a bunch of clowns they have a blockbuster on their hands and, worst case, they could sell it for many dollars more than the current evaluation. Only time will prove one of us right. In the meantime shut the hell up because your constant crying is annoying and has you on the edge of Ignore.
Surveys are always on a small number of the population. A small number of dr/pts doesn't make it a flawed study.
Hey idiot boy, long before Clinton was elected president papers like the Wall Street Journal were saying the next pres was going to be lucky because we were just coming out of recession. And I suppose the phenomenal growth in the 90's was because of Clinton and not because of companies like Microsoft, Oracle, Google, Intel, and everyone in Silicon Valley. What a douche!
Idiot! There has been no global warming for the past 15 years and that's a fact Jack. If St Augustine is flooding the more likely reason would be that it's sinking, much like Venice. There has never been a global weather model that's been proven accurate, but don't let science get in the way of your liberal stupidity. It's easy to see how Hitler came to power, so many people can be swayed by propaganda that flies in the face of facts. If Obama said the sky is green but it just looks blue you'd probably buy into that nonsense like all uneducated liberals do. Douchebags like you made AL Gore a very wealthy man.
You don't compare the BV of Facebook to a REIT. The revenue potential of FB has absolutely nothing to do with its BV while it is everything to a REIT. FB would never launch an SPO based upon its BV. By the way, after the last earnings announcement ORC BV dropped to $12.87.
At the money is an option term that means the strike price of the option. It's less correct but pretty much the same thing as at the market.
Nobody hates America more than Obama. And those that voted for him are either haters themselves or just too plain stupid to know any better.
Actually they shipped over 8k. Considering the backlog it will take them 4 years to work through all the current orders. How much more do you want?
What's any of that got to do with the question? Unintelligent liberals always deflect when they have nothing intelligent to say. Shouldn't Congress have to live with the #$%$ laws they dump on the citizenry?
He's banned from trading because he's on TV recommending stocks, you idiot. As for his recommendations, he talks about hundreds of stocks and they can't all be right. Sometimes I've lost money trading his ideas him but I've also hit many times, including Skyworks in the 30's. He's right much more often than he's wrong, which is more than anyone can say about you.