RE:RE:No surpriseflamingogold wrote: There 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.
When quadravest lists the nav as of the 15th, it's going to be around 14.30, and it continues to drop. This needs a fork stuck in it. Done.