Post by
uograd on Oct 10, 2017 3:09pm
just reloaded
Nice 2.5% drop today which is usually what happens during the middle of the month so nice time to reaccumulate and keep that 8.5% distribution coming.
Comment by
wotsisname on Oct 10, 2017 3:21pm
The question is - why the drop. 2.5% is not insignificant and there seems no reason for it. Nothing at the website or elsewhere explains the move.
Comment by
Sukhi19 on Oct 10, 2017 3:33pm
Oil hovering around $51. Trump fuming and fretting at Iran. People would like to take profits and move to other sects to make a fast buck. With 2% distr increase coming in couple of days, it is a buy at $9.35. It went to $9.64 in the morning which means there are buyers out there.
Comment by
Al42 on Oct 11, 2017 2:06pm
Got a few more shares @ $8.98
Comment by
maypeters on Oct 11, 2017 2:16pm
Added 9000 shares today. Now sit back - relax and collect the distribution.
Comment by
Al42 on Oct 11, 2017 2:25pm
Wow...guess we should have waited a bit!! Someone really driving this down
Comment by
maypeters on Oct 11, 2017 2:31pm
You can see it being taken down pennies at a time. Fascinating to watch the stop losses being triggered. Final purchase at 8.73. Done for the day. Took some profits from Diversified Royalty. GLTA
Comment by
jjeerryy on Oct 11, 2017 7:55pm
This post has been removed in accordance with Community Policy
Comment by
Pandora on Oct 10, 2017 6:55pm
Can't verify it but I heard it was a Canaccord downgrade (just happens an hour after I bought in -- always the way on my purchases -- that magic touch. Look at DXD today -- how can you tell I bailed on it on Friday).
Comment by
uograd on Oct 11, 2017 8:54am
a cannacord downgrade would be interesting considering they were one of the underwriters on the placement at 9.80
Comment by
Sukhi19 on Oct 11, 2017 9:29am
Cannacord downgrade should not carry much weight. I am sure, they must have scrutinized the company before partcipation at$9.80.
Comment by
Al42 on Oct 11, 2017 1:13pm
Getting spanked today for increasing the dividend!! What a joke this market has become!