RE:I picked up more shares at 6.12 😀. Warren Buffet says.I believe your strategy does work over the long term, but in my opinion, it is too early to buy. Wait until after the dividend suspension, which is sure to happen after the Dec 14th or Dec 17th NAV, then you can pick FTN up at a much cheaper price. Many of the members on this thread model the NAV estimates on a daily basis, and at current levels, the NAV is below $15 and is thus below the amount where they can suspend distributions.