Friday, September 16, 2016 11:53:32 AM
A 300 unit trade yesterday and 700 more today now has me sitting on a position as follows:
Total units held: 9,000
Cost basis: $9.80
About a week ago I was sitting on a gain of $16,000. At this moment I'm actually underwater to the tune of $6,094.
This is where the longer range view becomes all important. As we draw ever closer to the next distribution time, the unit price will rise. What we're seeing today is not real. In a sense, it's a manufactured reality planted by those who would benefit by frightening others into relinquishing their hold on investment potentials.
And now, as I peek out from under the spell of ALDW, I'm noticing that CVRR is also under fire. This is so interesting!
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