Sir Royalty Income Fund T.SRV.UN

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Next earnings will bring back major institutional buyers

[Trallalainvest]

I appreciate your post but you definitely have half empty glass outlook. Sir royalty income fund definitely has a proven track record. Distrubition have been lowered and raised raised and lowered. This is at managements discretion. It has paid loyalty and faithfully through out inception. The main reason for owning sir is for distribution. Spread between bid and ask as well as liquidity of this does not make it something you can trade regularly. I'd suggest gold oil or index funds if your looking to trade. To me this is something you buy buy buy and hold. I'm greatful to hear you got the shares at a super discounted price just like me. The sell off was grossly over done. Though I feel sorry for those that bought at 16 I'm greatful price is where it is now. Even from 16 to 9 your only at a paper loss. Every month your collecting a very handsome dividend. I'd prefer to add to my position at a much better discount and collect even more monthly payments. You can then reinvest those dividends and before you know it you have a huge position you can liquidate when you feel that the company is over valued. Really a perfect storm hit for new money to come in. Remember it doesn't take much volume to move this price. Tax selling probably had many investors selling market to fill which caused this price action. Now I believe we are in accumulation phase. The price can go up just as fast. Buyers must buy market to fill or else they will be stuck with unfilled orders. What you suggest is the exact same thing but the very opposite. Bought at 16 averaged down at 9 now your average is 12.5 and we are back at 14. All the while you have collected royalties each month. To me there is very likely chance of upside and obviously you agree as your holding beside us. I just want to offer some help and suggestions to those that maybe paid a premium on the price. But everyone can think for them self and make the best decision they can. But my analysis is we are in accumulation phase followed by break out. Best of luck and we'll wishes for everyone. Be confident in your investment and let it work for you. Don't be deterred or faulted. Many times the greatest opertunties are in what we believe are the worst times.