well fellas rough day across the board. but when theres blood in the streets, you go hunting. Markets are about capitalizing on opportunities. Just like ive been doin for the last 12 years, accumulating solid high yielders. Just make sure theyve consistenly paid their divi's (at least 10 yrs), payout ratios around 80% or lower, check for recent payout increases. Check out the dividend aristocrat list, its an exclusive list of dividend payers that have increased their payout each year for at least 25 years. Pluck a few out, go shopping fellas, get yourselves an additional stream of income. no one can predict bottoms , so dollar cost average. If this carnage continues, then a long term possible bottom, dates back to the rising trendline from 1987. This trendline was last hit in 2009, when the s&p hit 666. If you look at it now, the trendline is somewhere in the 725 - 750 range. Not likely to hit that, but if it does, expect some sort of bounce there.
As for TADF, its business as usual fellas. NOthing has changed, Tac-air/TADF are still partners, still doing deals together, and have commited to share profits going forward. Of course, we will see the occasional 1 or 2 investors holding a few million shares that sell out (like today), becasue of lack of patience or just neccesity of cash for whatever reason. Take advantage of the carnage, go shopping, beef up your portfolios.
GLTA
