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Blackrock Resources & Commodities Strategy Trust (BCX)

NYSE - Nasdaq Real Time Price. Currency in USD
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10.06-0.01 (-0.10%)
At close: 04:00PM EST
10.00 -0.06 (-0.60%)
After hours: 04:40PM EST
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  • B
    Blue Horseshoe
    If you are holding a LOT of BCX right now, you may want to start selling some of it. $10/share seems to be the upper boundary on this play and now that the yield is below 5%, lightening up and taking profits would be wise.
  • J
    Jeff
    $AMLP conversation
    DO NOT PANIC sell.... I can guarantee you this will be higher in 2020.
    Crude, NG, LNG, petrochemicals,etc. are all ESSENTIAL to modern day life!..it's NOT going away
    This is simply end-of-year Tax Loss Harvesting ... $IRR $JMF $BGR $TELL $NDP $BCX $GMLP $OIH $XOP
    ‘Nobody ever made a dime panicking’ ~Jim Cramer
    https://www.cnbc.com/2019/08/05/cramer-time-to-slowly-buy-stocks-nobody-ever-made-a-dime-panicking.html
  • G
    Guy
    Today I put a sell order for 8.30 a share... I want to use this cash to buy Greensky.... I’m sick of the lows with virtually no good run with BCX. I have 6500 shares with a little over 300 in dividends per month... Just looking to create a jump and then go back with gains to BCX with profits... You think this is bad timing... You have stated that BCX will be going up?

    Reply
  • J
    Joe
    anyone wanna talk ? crickets crickets ... what this aint exciting with its 7% yield ?
  • J
    Joe
    bcx is back baby
  • H
    Hunter
    Comprised of metal mining, energy and agriculture at a modest 1.05% fee and trading at a 10.50% discount,
    if the China trade war ever ends, this fund should perform well.
    https://www.cefconnect.com/fund/BCX
  • J
    Jim
    Appears BCX is making a short term top right here right now. 8.28 was the top. Crude has made it's run up, now time for the run back down.
  • J
    Jeff
    $NDP conversation
    I TOLD YOU GUYS THAT CRUDE PRICES WOULD BE HIGHER IN 2020 ....
    $IRR $JMF $BGR $TELL $NDP $BCX $GMLP $OIH $XOP
  • J
    Joe
    If you wanted to copy and create this fund today and buy the exact stocks in the exact same amount of shares this fund owns and issue the exact shares this fund has outstanding it would cost you and or share price would have to be over $10.50 ! , This fund is undervalued by a large sum
  • J
    Jimmy C
    With 17.75% discount BCX expense ratio is negative. They are paying you for the right to manage your investment. Since this CEF does not use leverage the discount of NBV to MV seems overdone. The unanswered question I have is how long can they continue a monthly dividend of $.05 when the return of capital component of $.035 per month.
  • J
    Jim
    Major support has been busted. Next minor level of support is at 8.00, then major support down at 6! Yes, $6!!! The chase for yield is over as crude crashes back down another $25.
  • J
    Jim
    looks like it's getting ready to break down to the 8's again.
  • J
    Jim
    Appears BCX is in deep trouble since they basically have to sell off shares now to pay the dividend. What a mess and the downward spiral will continue as long as oil is headed south. Oil can easily drop another $10 with increased supply from the US and a global slowdown. China has months and months of slowing going on.
  • D
    Dian
    This is a no-brainer stock; great dividend (distribution) and lots of runway to go to match its high point years ago.
  • J
    Joe
    Bcx has never traded at a premium since 2011 ... i have a feeling the tide will change one day when the commodities rush comes in investors will be paying + 12% premium for this
  • D
    Dave
    Crazy movement today (1-18) Net Asset value down .36% but the market price was down 1.94%.
  • X
    X
    Been looking at this for a while and would like to pull the purchase trigger.

    But before I do............I am assuming there is no K-1 forms associated with this fund. Correct?
    Bullish
  • J
    Joe
    rising rates are inflationary ! yes that's right ! .. cost of credit is reflected in all goods and services ! fed will try to put out the inflation fire by adding gasoline to the same fire ! .. long BCX
  • D
    Dumas Walker
    This morning's up volume finally shows BCX as timely given the inflationary outlook.
    Bullish
  • G
    Guy
    During the 6.9 and 7.00 dollar stock price I have accumulated 3000 shares..... This dividend rocks and when you get the bump it’s just icing
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