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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: steve kammerer who wrote (49347)1/10/2006 12:53:01 PM
From: chainik  Respond to of 110194
 
I just wanted something relatively safe. I like dividends and discount (I bought MGU below 20). In a declining market, the stock is likely to do OK. I'll sell if discount shrinks further. As far as I can tell, it's pretty common for CEFs to go down after IPO and then to recover.

I am not an expert, to put it mildly.

A couple of articles:

thestreet.com
thestreet.com