To: AurumRabosa who wrote (4351 ) 10/14/1998 1:59:00 PM From: MonsieurGonzo Read Replies (1) | Respond to
Ron; RE:" squirrel nut zippers "COF - Capital One Financial play, Ron.Could you explain your long-scalp trade..? in-situ , preferably in a tax-free account such as an IRA.EWL - Switzerland of a 1300s position, leaving 70s "profit" in situ @ 9.9% APR yield.way too much fun in this sandbox :-) and liken this tactic to squirrels gathering odd-lot share nuts for the winter. It is (for me, anyway) an "agressive" cash-management endeavour.One thing to keep in mind with these LPs is that rather than a yield the dividend is actually a return of capital and so the share value drops by about as much as the pay out. Some are designed to go to zero by a certain date, e.g. timber LPs. always recover - making their charts look like an electro-cardio-gram: essentially trend-less, but with clear and present cycles. We believed that these rhythms were trade-able phenomena, perhaps suited to long-scalps in a tax-free account environment.ersatz bondz (^_^)rotating long-scalp kapital from one to another, on their distribution dips.
