RE:No surpriseThere is a huge risk owning a split that pays sporatically. Once it stops paying, the share price tanks and it can take months to recover from the negative capital loss. This is why it receives a constant discount to NAV even while it is paying.
LFE will be back over $5 eventually but I prefer to buy it unloved and wait for that recovery. I get a nice cap gain, which is my goal, and any distribution is a bonus. Usually, I don't wait that long before selling again.
Toppicks1 wrote: This one pays for 2 months and then looses 20% in a couple weeks. These ones that have little to no safety are not worth it.