Excuse but the Dividend does not move with the share price. The Yield moves with the share price. We are aware the yield is high because the PPS is beaten down as BDC have been out of favor .
When the people start mounting the heads of Saudi princes on sticks. Probably most have escape plans in place. It seems to me the Obama Policy is to divide the Middle East between ISIS and Iran. He seems to have made no provisions for the survival of Israel.
I thought roach was a new troll but his mannerisms and dulletry lead to believe he's another login to our house troll. Too bad we don't have a capable troll to get the price lower. Roach could not sell three fives for a ten.
Debbie back to trolling the rest areas with you. Taking a tax loss on Dec 31 makes better sense. One think is certain the downside is small and known and the upside is big. I don't own line but bought some CHK today at $7. I MO CHK is in much better funancial shape than Linn Energy.
Jimcooper, If they don't declare a special Divy you can start another legal sounding rant. They have to have excess taxable income that they can't hide some way or another. I suggest you lawyer up and get the legal briefs on the ready. By the way it's OK to be wrong on something but it looks bad when someone will not accept reality.
I expect Linn to survive and the bonds to be made whole if a interest payment is missed. The Common shares might earn greater upside. I do believe oil is near bottom, The Saudi are out of bullets and Irans oil will take years to hit market and by that time world consumption will increase to nullify the increase in supply. I started a position of VNR and bid on LINE today at $7.30 and missed. Of course I can be completely wrong and the world ends at midnight .
The Progressives have finally found a religious figure they can embrace. First in over 2015 years. But the good Pope better not stray from the approved talking points :(
Barron's on line article today by Amy Stone on BDC. This was a general article and said high Dividend BDC were more risky than low Dividend BDC. At the end it gave a buy recomendation for PSEC at these current levels. I tried to Copy and paste on the FSC MB but Yahoo took down all but the first page. Would like to buy a bit of PSEC near $7 bucks .
Trolls crave attention, the more attention they get the harder they work. Attention includes a reply or a thumbs up or down. If our troll received zero attention he would find another bridge to call home.
Sierra caitlan, You may not be aware that PPS will move to wherever it's going without making a fool of yourself . Perhaps you are infested with a brain eating worm and can't help yourself.
Historically September is the worst market month of the year and the market bottoms (or temporarily bottoms) the first week of October and improves through October. I plan to close out stock and bond shorts by early October and see how it plays. Only in hind site will we know what would be the best stratergy. Best of luck to all.
Don't worry Obama will not test anyone with more balls than him which is every other leader in the world. The losers in this conflict will be anyone who depended on he US for support. The Middle East will soon be devided into two players Iran and ISIS and perhaps a tiny Israel. The tyrants of the world want to consolidate there positions before a new President takes office.
Most all financial pulp media is baloney. What we all say and write is colored by self interest. Your bashes are equal baloney to Steves and docpvh pump.