Post by
mouserman on Aug 18, 2022 5:52pm
DF unit nav to Aug 18 = approx: $14.90
My spreadsheet has DF gaining about 10 cents since the AUG 18 update.
Commlns now with a value of $4.90
Very good chance of making a distribution for the september segment...
Comment by
JohnWalker on Aug 19, 2022 10:26am
So, you're saying they're trading with no premium? I bought 15,000 @ $4.88 and 15,000 FFN @ $4.99-$5.00
Comment by
RusticHit on Aug 19, 2022 12:36pm
market was positive about Div. this month but they failed again so selling Off with market could drift back ti low 4 ss ,,,,,,,, Look into Ino.un Reit Under 5 now if looking for 9% yield down 40% in few days due to Div. cut
Comment by
RusticHit on Sep 01, 2022 10:37am
John are you still holding these or get out these down bigly in a week or so ??
Comment by
JohnWalker on Sep 01, 2022 6:11pm
It's painful and it's probably the biggest loss I have ever taken, but I'm holding. DGS is still paying (for now) and FFN will come back to pay at some point. When they do it will be at 20-30% yields for me and I will recover the paper losses I have now.
Comment by
EdPaquette on Sep 01, 2022 8:09pm
We're at a turning point. I think the S&P500 bottomed mid July, now we retest and stay above the lows. Oil is still going down, and it's the basis for inflation. Natural gas prices are triple what they were 3 years ago so it's still a bit murky. I think September will be the final interest rate hike
Comment by
RusticHit on Sep 02, 2022 11:01am
Job report not that Rosy though not bad and markets getting some oversold bounce though i expect this down turn will resume with feds 75 Pt raise and more to come