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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Crossy who wrote (36565)	2/5/2011 10:36:58 AM
From: Paul Senior	Respond to of 37387

Yes, I see you are correct. I grabbed the wrong "fact card". Correct number is 35.27%. "Holding convertibles mostly for capital gains": I bought AGC because of the yield AND because I believed if/as the convertibles they held were converted, then there'd be some capital gains which I'd see as increased yield through "capital gains distribution" which would be part of the overall distribution. There's 0 "capital gains distributions" though - maybe that's because of the capital loss carry forwards or something. "Capital gains distributions" for '07, '08, '09 are all zero. Okay, there's also capital gains to be had with AGC as the AGC stock itself rises. And it's a more significant gain than a "capital gains distribution" might be from the few stocks in the portfolio that might get converted in any year. Depending on where somebody bought AGC, they're getting both a good yield and a nice capital appreciation in the stock. And maybe that will continue. For me, I decided I'm not getting what I expected from this one, and so I'm out.