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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (20052)6/19/2014 3:50:51 PM
From: Steve Felix  Read Replies (1) | Respond to of 34328
 
What seemed like opportunity in BOLT got me to swap out HCT for more LTS-A. Income actually up a few
bucks, kept the monthly payment, and added a little of a grower.

Always risk. From The Yield Hunter May 27th.

NOTE on Ladenburg Thalmann Preferred issue (ticker:LTS-A)

This issue has been trading at what we consider a bargain price ($22.28 right now). We believe either later in
June or in July this issue should start to move back toward par. The company has had a 3,000,000 share 'at
the market' offering taking place for the last number of months and we have calculated that this authority to
issue shares will be complete in the next 4-6 weeks. The constant supply of shares had held the shares at
low levels and we hope when volume drys up the price will move higher. Of course they could move for more
authority to sell preferreds, but hopefully they will not find the need to sell more shares.