Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Advent Convertible and Income Fund T.AVK


Primary Symbol: AVK

Advent Convertible and Income Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of capital appreciation and current income. The Fund will invest at least 80% of its managed assets in a diversified portfolio of convertible securities and non-convertible income securities. The Fund will invest at least 30% of its managed assets in convertible securities and up to 70% of its managed assets in non-convertible income securities. The Fund may invest without limitation in securities of foreign issuers. Fund invests in various sectors, such as technology, financial, communications, energy, basic materials and other. The investment advisor of the Fund is Advent Capital Management, LLC.


NYSE:AVK - Post by User

Comment by marketsenseon Aug 24, 2016 4:52pm
117 Views
Post# 25173614

RE:RE:Mackie Research: Buy rating and $0.90 target price for AVK

RE:RE:Mackie Research: Buy rating and $0.90 target price for AVKTreetop wrote "idon't have much faith in analysts" and apparently neither do a lot of others who 
are selling this miner off.  And yes, AVK did react to the rise in POG but only to a very muted
degree as most longs here know that it was and is drastically discounted from any reasonable fairmarket value.  E.g., compared to its peers.even when it got up to .38-.39.  The scare trade
has reared its ugly head coupled with maybe some disenchantment of the longer timeline involved
in getting this thing up and running.  I was hoping myself during the last runup in POG that they
would jump start the developement  process to take advantage of some synchroicity with the gold
price but unfortunately that opportunity was lost and now down we go for a while again  Too bad
but all is not lost if one can go by that Mackie research report.

<< Previous
Bullboard Posts
Next >>