Post by
mouserman on Jan 25, 2022 9:37am
ALL out of LFE
Was a selling opportunity with the commons trading higher than the UNIT NAV...
I dont think we have seen the end of the correction in the financials.
If thing s turn around in FEB i may return to LFE, but my guess is that this one is only getting buying from DIVVY pigs and shorts are going to make a killing on it.
LFE will be 4$ after ex-divvy date.
Comment by
slst on Jan 25, 2022 12:40pm
Oouch....well done....I got caught.....watched my entire gain disappear......not counting next months distribution. Still like Insurance Cos.....so thats my story or excuse for hesitating and not taking "At LEAST", some profits off the table. Am a sitting duck, Hoping for some luck getting the NAV back over the treshold next month.
Comment by
EdPaquette on Jan 25, 2022 1:44pm
My crude nav calculation shows 15.12 now
Comment by
speedyfeint on Jan 25, 2022 3:30pm
$15.12? is this accurate? it was $14.87 yesterday so did nav gain 25 cents today?
Comment by
EdPaquette on Jan 25, 2022 8:23pm
That was midday. End of day I get 15.03.
Comment by
Donwaan on Jan 25, 2022 10:49pm
I double checked the NAV again and think it is very close to $14.93.at the end of today, up .56% from yesterday. Don't think it's broken $15 again yet Ed. If it continues to trend up it will very soon though. I have a feeling the FED statement for tomorrow will be more market friendly.
Comment by
EdPaquette on Jan 26, 2022 9:43am
Donwaan probably has a better number than mine. I must remember to be humble in this black art of math.
Comment by
speedyfeint on Jan 25, 2022 4:47pm
hi mousermna, are you still going to post live nav updates for lfe? i missed my opportunity to sell and am now a bag holder so if you can keep posting live nav updates for lfe, i'd really appreciate it..
Comment by
slst on Jan 25, 2022 4:52pm
You are NOT alone.....As soon as Mouserman with the Midas Touch, gets back, we are home free. Decent volume today is encouraging. Hope the crude NAV is at least close. Good Luck Longs.....