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Re: jugs post# 1118

Monday, 02/13/2017 12:56:23 PM

Monday, February 13, 2017 12:56:23 PM

Post# of 1925
As mentioned earlier I added another 200 units of ALDW at $9.59 or $9.48 after backing out the 11 cent distribution coming to us on Feb. 28th. The date of ownership must be recorded by 2/16 as we go ex-ex-D on that date.

My total position (s) in this one stock amounts to 25,500 units with a cost basis (CB) of $8.77 plus a fraction of a penny. When the distribution comes in, this will, of course, bring the CB down to $8.66.

Some here probably think I'm nuts to accumulate so many units. And I may be. But I can't ignore the logic presented in my previous post. By the same token, I'm wagering that we will close higher than this moment suggests. And we may actually rise over the two days following, as well.

Once again--- if you believe units are unfairly under attack and destined to move up to $12 in the coming four months, then you may find yourself handsomely rewarded for your insightfulness and patience.

If not? Then you have only me to blame---after all, you couldn't make a mistake, right?

Lolololololing----all the way to the bank.