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Eaton Vance Short Duration Diversified Income Fund T.EVG


Primary Symbol: EVG

Eaton Vance Short Duration Divsfd Inc is a diversified, closed-end management investment company.


NYSE:EVG - Post by User

Comment by thegoldfishon Feb 09, 2011 8:56am
315 Views
Post# 18100230

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE
Maybe you did misunderstand.

I rounded from .99 to $1 to make a point, which you didn't seem to get. My son the math professor assures me I was not out in left field on this one.

My point: Even if nothing goes right for EVG and the stock goes completely, totally bust and is de-listed, the absolute most you can lose is $1 (.99 for you) a share. And you might read the tea leaves long before that and sell out at a lesser loss. But even if one were to hold on to total oblivion, the downside is $1 (.99 for you).

Now, if one believes in the potential of this stock, and the possibility of proving that out with the year's drill program, the likely upside, even at this gold price or, say, above $1,000 an ounce, is, in my estimation, worth a couple of bucks assuming there is not massive dilution between then and now. Now, if EVG goes up $1.99 more from here, I would consider myself correct, even if you would not--the rise being less then $2.

But keep counting pennies, they are worth more than .01 because of the rising price of zinc.


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