RE:I am out , good luck longsApparently there are still some dividend chasers who believe this is worth a buy at about a 10% premium to NAV.....UNIT NAV has jumped back up about 4 cents so far this am to $15.04...but the commons price is up 8 cents... LOL after distributions the NAV would be about 4.90 for commons.
mouserman wrote: SO with 19 of the 20 stocks in DF down today, the UNIT NAV is again right around the 15$ threshhold, and the profits on the trade are better than the .10 dsitribution i am getting.
SO at this point , with a premium getting close to 10% i will sit on some cash and buy some bargains when they appear.
Never fall in love with these splits, especially the ones close the threshhold, in a bull market that is getting overheated ....a 10% correction is not out of the realm of possibility. Especially at that time of the year when you are coming to the deadline to pay income taxes.