SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rgammon who wrote (17102)10/17/2001 2:48:01 PM
From: OldAIMGuy  Read Replies (1) of 18931
 
Hi Robert, Yes, but by coincidence in the past. I plan on using the cross-over points as an additional bit of information as to when to ask AIM what size order to place.

"One can look up the premium and discount values in BARRONS each week in their Closed End Funds section. Please note that most closed end funds sell at a discount more time than they sell at a premium. So, just because something is selling at a discount doesn't mean that it's necessarily a bargain. In Value Line, they plot the NAV along with the Price/Share, so you can look at the "cross-over" points a bit more closely. Generally the Price/Share "chases" the NAV. So, then when the Price/Share crosses the NAV line, it usually is signaling a change in trend. It makes for a good time to then ask AIM how many shares it should buy or sell.

You can also use these "cross-over" points to help determine when is a good time to start AIMing a "CEF." Again remember, not all CEF's close the gap between their price and NAV and ever sell at a premium to NAV. In those cases, you should then look at the size of the discount to NAV at various times. If the CEF ranges from -25% to -10% of NAV, then it would be best to wait until you again see near -25% discount before starting or AIMing."

Best regards, Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News