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Re: ErnieBilco post# 287

Saturday, 04/02/2022 11:57:03 AM

Saturday, April 02, 2022 11:57:03 AM

Post# of 292
Not hard to tell they aren't quality issues. The small market cap alone shows that. All have dropped recently. Quality div payers rarely sell in the penny stock range.

MMT has been in free fall the past few months as a result of the longer maturity debt it holds. Management expense is sky high at 1.01% which includes the interest

On the good side, MMT trades at a tiny discount to NAV

On the bad side, MMT is fairly leveraged at 22%.

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