E Split Corp ENSPF

Sold some today

[Obscure1]

The Premium to the NAV for the Common shares got up over 16% today so I peeled some off. 

I'm concerned that Middefield might announce a Raise on Monday so that they can fill up their war chest in advance of the expected DROP in the ENB share price when it goes ex-divi on Feb 14th.  If Middlefield announces a Raise on Monday the 5th, they would be funded by Feb 13th.  

Middlefield, like all funds is dividend hunter so they might wait until the beginning of March to do a Raise assuming that ENS investors remain asleep at the wheel post ENB ex-divi.

[Experienced]

Obscure...Agreed... I sold a good portion of my holdings as well.  Although, I must admit that wasn't in nearly as deeply as you for reasons that I talked about in earlier posts so it was easier for me to get out. The price action this afternoon strongly suggests to me that they will be doing a raise early next week unless there is some major development over the weekend which could

[Obscure1]

"Middlefield, like all funds is dividend hunter so they might wait until the beginning of March to do a Raise assuming that ENS investors remain asleep at the wheel post ENB ex-divi. " I'm not sure what planet I was on with the above statement. Yes, Middlefield is a dividend hunter.  However, in the case of its ENB holdings, the key date is Feb 14th.  If they own ENB by