Aug. 18 at 4:33 PM
$OXLC
Bailed on ULTY w/ a small overall gain. Batting 1 for 4 on the YieldMax scene. Just too much work and risk given the current geopolitical/economic environment. Get on the wrong side of the fence with these and you could loss bigly. For the moment, fear is my/your friend IMHO.
Not much to do here with the Ox (except DRIP) given current CB average (
$2.9739 and dropping each month). Still at a huge discount to NAV (
$4.18) so I remain bullish at these prices. 🐂
I had added
$GUT the other day pre-ex-div at
$6.00 for S&Gs and picked up a divvi there (DRIPs w/ discount) with an order in for
$5.95 today. Missed that weird drop to
$5.92 w/ an instant recovery back to
$5.97. Not sure what that was all about. Regardless, it's far less riskier than the YieldMax's and yes, far less profitable but w/ far less loss potential. Sitting on 30% cash waiting to see which shoe drops next.
Still waiting to see IF we still own Alaska or are we in for a flag remake? 🤔 🍀🍀🥃