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henarl's
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Rating: 458
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I'm also long AOD. I bought 3000 shares at average of $17 when the yield was about 12 1/2%. Now that the yield is about 35% I intend to keep this position. I expect they will reduce the dividend and that will probably drive the share price down even farther and then I will buy another 2000 shares at the lower price if they don't lower the dividend too drastically.
Jan 01 13:48 pm
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All Comments by henarl »Alpine Total Dynamic Dividend Fund: Diverse, Flexible with Smart Management [View article]