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Re: Benwahsauce post# 80864

Friday, 09/27/2019 12:18:41 PM

Friday, September 27, 2019 12:18:41 PM

Post# of 173205
Just curious. Why would your investment strategy be to buy no bids that after many years are still no bids?
The maximum write off on incurred losses on a yearly basis even with loss carry forward makes only minimal tax basis differences?

The likelihood that any no bid company will ever come back is so small that I just fail to understand how this might be considered by anyone as an investment strategy? Wouldn’t it be better to buy CEFs trading at a discounted NAV that are paying 5% dividends or a mortgage REIT paying a dividend?

Maybe I am missing something here. Love to understand your strategy of buying and holding? No bids
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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