Jun. 11 at 12:39 PM
$GUT
Man, I'm sure missing the boat on this one. I 🥰 the Goot and all but the cult following on this has gone bat shit crazy IMHO! What am I missing? The Goot hit a 52-Wk High yesterday at
$6.35. Their NAV (based on portfolio utility holdings) sits on
$3.13 (up
$0.02 yesterday) and is now at a 102.9% premium to NAV vs their 52-Wk average of 90.7% (which is crazy in of itself - but I get it). All for a
$0.05 /mth divvi (9.45% yield)? I just don't see utility prices increasing that much if at all. As it is, their NAV has been trending down... NAV is dead on and in-line with its 52-Wk history. Yet current SP is in the clouds. Waiting for enlightenment. Anyone? "Bueller Bueller Bueller". Bearish at these prices. 🤷♂️🤷♂️🤣🍀🍀🥃
.
Current target price:
$5.97
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