Basic Food Fund at Rock Bottom Prices [View article]
I do own a ton of GAJ.....I think it's a hell of a bargain and could easily run back up to the $20 vicinity by years end. Mark
On Nov 21 10:36 AM Craigla1 wrote:
> Mark: Why not load up on GAP's long dated (2039) bond, GAJ? $25 par > value, $2.34 in annual coupon. Trading below $11. Now yielding well > over 20%. > > This looks to be a better play than buying the common.
Basic Food Fund at Rock Bottom Prices [View article]
On Nov 21 10:36 AM Craigla1 wrote:
> Mark: Why not load up on GAP's long dated (2039) bond, GAJ? $25 par
> value, $2.34 in annual coupon. Trading below $11. Now yielding well
> over 20%.
>
> This looks to be a better play than buying the common.