Paul,
I looked up LHO, because I'm always interested in those insane div yields, but it seems a very new issue, and the data was scarce. Usually those super-dividend situations only last a day or two until the panic subsides. Yesterday shares of Allied Capital Corp dipped to 12 3/8 because a company in a somewhat similar business made a negative announcement. OK, maybe they went bankrupt. So ALLC's yield was about 12.5% for a minute, but today the stock is back up to 15ish, still too low of course. The year high was about 29. I think RN held up better than most this week, partly because of the yield. Hope you still own that. And Olsten? Still hanging on? That company seems like a black hole of information, but sometimes that just means they are busy doing their jobs. As you said, the only thing to do now is hunker down, go outside and play, just take your mind off this stuff. :) |
