RE:RE:RE:At 4.15 yield is above 4% dividendMrAlberta wrote: ENCC and ENCL are illiquid as hell. ENCC pays out money every month, but the long term share price is a long, downhill slide so how much of the dividends is just your own capital loss later? No thanks.
They look illiquid on the surface truth is no one wants to sell much I have dumped 50-100K shares within seconds with asks .02 of last trade price to raise temporary cash for other fleeting opportunities. Have been able to buy back same.
Just stop loss.
You can get 8-12% on corp bondds and way more than 4 on municipal bonds. 12% lending to family and friends with liquid collateral.
4% is a slap to SH....however loyalty is to be respected so have fun with the 4% less tax on the 66% of the gain LOL.
Note USA service providers are all reporting 70% crash in profits as North America continues to lose market share to RU with Euros buying as much RU product as they can get their hands on incl rebranded and direct made in RU.
It may improve as Euro Reich just made it a criminal offense for citizens to circumvent unlawful sanctions ( not UN endorsed)...this may prop us up, or just drive more round tipped rebranded Rzu product.