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Re: None

Wednesday, 10/05/2016 4:24:06 PM

Wednesday, October 05, 2016 4:24:06 PM

Post# of 191
It's looking like we're in a slow-bleed mode. It's not difficult to understand, given that this particular pick didn't begin handing out distributions until April of last year. As it happened, they handed out a beautiful paycheck in December. Unfortunately, "one in a row" doesn't qualify when we're thinking in terms of probability and risk---concerns properly in near view for every investor in the stock market.

With nothing really substantive to go on, it's everybody's guess as to what we might expect, come time for December's distribution guidance. We can always hope for a repeat of last year, right?

Meantime, I'm sitting on a 19% gain with 1,654 units and a cost basis of $10.61. My position was started mid-January of this year. All told, that's a pretty good return although it called for several purchases made on swoons. That's never comfortable for one can only wonder if the market doesn't have it right while we buyers may not. So I sometimes think I may be more accepting of risk than certain others and for me, at least, it suggests the allure of fool's gold.

That sets me up for being a fool, I guess. So let me forewarn others---I never risk what I can't afford to lose. At the same time, if the units drop a bit more, say they drop to $12? I'll probably be a buyer for a few hundred units or so.
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