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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ild who wrote (264434)10/23/2003 1:56:04 PM
From: GraceZ  Read Replies (1) of 436258
 
Right, stuff you don't want sells at a discount. The most likely scenario, even as the NAV drops, is that it still sells at a premium. Although the great thing about these CEFs is that they are sometimes thinly traded and you can can buy intra-day holes (if you are patient). The bad news is that it's you sometimes that is selling into that hole.
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