Dividend 15 Split Corp T.DFN

DFN is Done

[Moneyman70]

We are seeing some real Shennanigans from Quadravest with this stock now.  This is what happens when the fund is in its twilight years and they are tring to flog a dead horse. The more prudent path would be to NOT PAY if the NAV was so low on the 15th to conserve some cash but nooo, they gotta be playing games with the dates.  This tells me that this is not a reliable situation or a responsibly run  fund.

Factor in their ATM program and "overnight offerings" to keep the ponzie scheme afloat and it's obvious that DFN is not sustainable.

[NoShoesNoShirt]

When the unit nav gets down to 13, then quadravest will consolidate. 

[flamingogold]

Not until after rates comes back down and the economy gets out of this inflation funk. In other words, I believe there is still some juice left in the DFN tank before it gets to that point.

[flamingogold]

Across Stockhouse I've witnessed posters who are glued to basically one stock. The BBD board is filled with them. But I've never seen a poster so focussed on just one split fund. Very odd. Gotta ask what's the beef here in particular with DFN since 2019?

[saddlerack]

I don't get it either.  These boards are great when people share real information and facts.  Baseless negative, or positive speculatin is useless.

[Moneyman70]

what's odd is you stalking other posters.

[mkqtrader]

Moneyman70, I don't know what basis you have for your comment, we are talking about a fund that counts over $1.8B as a total value with over $220M in liquid cash... I could understand your disappointment if you are one of those shorters who got caught by this fast turnaround and it is going to cost a full load of money just trying to fill the short position: other than that, I would not see