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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (29169)12/5/2007 4:36:39 PM
From: Grommit  Read Replies (1) | Respond to of 78751
 
>Doubled my starter position in RAS. They seem to have stabilized at current prices.

great basis for investing.

>The Trust yields 21.3% at current prices which is a good risk/reward at current levels. The dividend will either be cut or the stock will move higher as this yield probably can not be sustained.

you are right, the dividend will be cut

>This is in my IRA account so I am looking for a steady dividend payer.

see your previous sentence before you invest

>My position is still very small less than 1% of the portfolio.

0% here. But that's only because I have no idea what the stock is worth.