RE:DS now trading over 10% discount to NAVWell the last hour or 2 of trading moved most of the stocks in DS down. Actually the bottom 3 or 4 did well, but the top 5 , with the exception of CIBC , all went from well into the green to red by the close. Overall DS may have lost a few pennies in NAV from the close on the 19th, but still trading at a discount to NAV.
This is one to accumulate in the next month or two, as it will keep paying distributions and we can sleep at night knowing in a year or tow, DS will be back above 7 or 8 $ and we have big capital gains along with collecting about 10% or more along the way.
Keep averaging down on this name. With most averaging down doesnt work out, especially the split funds, as the market goes sideways to down, they are dead money.
Recession coming? Bring it on... we can survive this one with minimal losses.