GET A FREAKING GRIP.
You most likely will be holding your MUTUAL FUND position for years, right?
That is the usual holding period for funds, since they are not trading vehicles.
Me? I've had a biotech position for 14+ years.
Try not looking at a fund's NAV for a week and then progress to a month. You gain nothing by doing the play by play. Looking at intraday pricing just compounds your presumed anxiety. Most likely your anxiety will lead you to make POOR INVESTMENT DECISIONS.
By law, funds must pay their net capital gains and the income received at least annually.
In the recent past, FBIOX has paid such distributions in April and year end.
In taxable accounts, these distributions are taxable; neither a bad or good thing, just the way it is.
If one expects a fund to make a LARGE distribution in the near term, it MAY make sense to hold off buying until post distribution and thus avoid the taxable event.
So if someone isn't positive on ppch (why oh why would anyone be???), they must be "short".
I'm just being entertained; as noted, I watched a similar scheme play out on little ppch last spring...from ten cents to forty or so cents to a penny or less to nine cents or so the other day. Like I said, I'm not short; I don't like roller coasters.
ppch is obviously trading on speculative, READ not real, "info". Can people make money trading ppch? Sure! Will this "company" succeed? Possibly, but I'd say its prospects are awful.
There's a HUGE difference between an "article" and a "PAID ADVERTISEMENT"
Actually FBIOX has outperformed.
Perhaps you made the same HONEST mistake I did a few months ago. A particular poster tar and feathered me for doing so, even after I acknowledged my mistake and provided ACCURATE return numbers.
If you simply did a comparison of FBIOX & IBB on YahooFinance, you'd only be seeing a share price comparison that does not include any distributions.
I just did a three year comparison on a Bloomberg for 2/24/12 - 2/24/15.
First figure is simple price appreciation; second is Total Return (this includes distributions):
FBIOX 148.08% 195.00%
IBB 180.55% 182.50%
Given you have no clue what RoundUp is used for, I'm sensing you are once again LYING.
Sure is FUN! to post, isn't it?!!!!
The timing of a fund's distribution and how the overall market performs are totally unrelated.
There may be a conspiracy somewhere......
For whatever reason, my earlier post didn't stick; Yahoo can't foil spammers, but it sure makes it difficult for regular posters to post!
To access a great overview of mutual fund dividends and distributions, simply Google "mutual fund dividend nicholas" and hit "Nicholas Fund" site.
My favorite from the Q & A:
"Q. Does a fund's distribution affect its total return?
A. No. Distributions do not impact total return. Although the NAV drops when the distribution is paid, shareholders who reinvest their distributions also receive more shares."
Yup, unlike some who post under various names, I only post under one and have been for some time and
I try to keep it real.
Like I posted earlier: fun to watch, but sad that there are always new victims.
To be clear, there wasn't an "article" in the Sunday NYT magazine, but a PAID advertisement.
I was around for the last pump and dump; this one has a bit more "strength" to it.
When will the music stop?
Please remember mutual funds are LONG TERM investments.
It would be nice if every time an investor bought shares, the share price would only go up. But we live in reality and in reality, it doesn't work that way. I entered into biotech over ten years ago and in hindsight, my timing was terrible given my position dropped around 50% and hung down in that area for a few years. I did sell a small portion last spring.
There is no need to micro watch a mutual fund; in your case, by doing so, it appears you become even more jittery. This may affect rational thought resulting with an unwise decision.
Again, what weighting does your biotech exposure have relative to all your investments?
To state the very obvious, biotech is volatile.
"If you can't stand the heat...."
Seriously (there's no need to shout), why was I able to determine where all the Shacks are in MA, Las Vegas, DC, Chicago and all of their international locations?
You appear to have been "horribly" educated.
On that note...Cheers!
Sell before ex and get two bucks more per share, but not the 2 buck div or sell on Tuesday, ex date, for 2 bucks less, but get the 2 buck dividend...I've never been able to grasp the benefit of buying or selling a dividend.
What I do like are rising dividends.
MY TROW YOC is 47+%.
"It's not over until 3:59pm."
Or 4:00 PM.
"Nothing before 3:50pm means anything.""
And yet you post a few play by play posts throughout the trading day even though you acknowledge doing so is irrelevant. Fascinating.
Are you invested for the long haul?
If yes, there's no need to monitor a mutual fund as closely as you do...unless you want white and less hair and possibly a fatal heart attack.
If no, SELL NOW.
Do you have zero self respect? Why do you post such embarrassing posts?
As you noted, nothing is guaranteed. That said, I believe holding some biotech is a good decision. Why are you targeting 3-5 years? After five years, will you be retired and want to re-position your holdings towards income oriented investments (gotta love tax free income!)? If not, I say hold longer. I've noted my history with biotech before; I entered the sector late 2000 and that turned out to be a terrible time to become a long. Fast forward to today and biotech has outperformed my default investment, Vanguard Total Market Index (VTSAX), by almost twofold. It was a long haul, since it was not until around mid 2013 that biotech's total return exceeded VTSAX...I know, I should have added, but alas, the past is the past. I did take approx 17% off the table Jan 2014; allowed me to sleep well at night.
Perhaps you may want to invest a portion of what you'd like to invest now and add in the future.
Tough to time an investment, but if one has time on their side, good things may happen.
P.S. My position is in my ROTH.
"...the PPS is dependent solely on the value of the component investments that comprise this fund. Supply and demand of this fund does not affect its PPS."
Perhaps the most helpful post I have read on this board!
have a sense there are a few fund holders who do not grasp what you wrote.
"2.78 Billion shares outstanding already. That's enough"
Shares outstanding are just a number and are not part a company's fundamentals which IMO are the ultimate factor of a company's value.
Are you a clairvoyant?
"You are just some knuckle head who bought that high over $0.35 and got hosed big time when it sold off on big profit takers..."
If you care to do so, you can read my posts from last spring. I'm pretty sure they will not read as if they were written by an emphatic long. I have to say that the pumpers this go round are a bit more "credible" than the budfoxhub times of yore.
No, I'm just here for entertainment. I haven't been "hang"ing around since last spring; rather, I periodically pull up ppch to see what has been happening; it's entertaining to watch an obvious PUMP jump. Sad that some will lose big.
Have a delightful day!
P.S.: is ppch even marginable???