Back in IEP with Congress kicking the debt ceiling can down to March...Gives a bit more time to see what Uncle Carl can do. Probably nothing but we shall see. As long as it's NOT another divi cut then IEP should do good. Another 50% cut to .50 and I'd expect close to 10-13 trading range. Currently 17.55
Been back in and flipped some calls but now holding shares. Willing to add and have dry powder to do so if it drops again.... Divi gets paid this Wednesday (25th) (1.00) and it's trying to find a new range. I expect a divi cut to .50 but if not this is going to do very well long term with a 30+% divi for those bought recently.