cheapogroovoBought 50 $JNK @ $37.20 ~ going to average into my high dividend plays as they come down. Looking at $PGP when the 63.25% premium comes out.
Feb. 11 at 1:12 PM
cheapogroovoSold 5 $TMV Feb 67.0 Calls | Bought 200 $DGP @ $24.35 | Bought 450 $ENER @ $9.05 | Sold 500 $PGP @ $18.01
Feb. 5 at 10:39 AM
cheapogroovoFriday, I was able to buy more high dividend plays on the dip! $JNK @ $37.81 and $PGP @ $17.39. Gotta love those limit orders!
Nov. 30 at 11:03 AM
derekbobbeNice drop today in $PGP. Premium to NAV remains very high (53%) by historical standards so I'm maintaining pos w/ offsetting long in $EFA.
Nov. 19 at 1:38 PM
derekbobbeShorting $PGP with high enthusiasm. It traded up $0.64 today for an upcoming $0.18 divi. Nonsense - shd fall hard soon after ex-date 11/9.
Nov. 6 at 4:04 PM
derekbobbeShorting more $PGP. Looking very expensive with a Premium to NAV of 56%. Using $EFA as a long pair, adjusting the hedge for $PGP's leverage.
Nov. 5 at 12:35 PM
derekbobbeClosed End Fund $PGP is a screaming short here. 59% premium to NAV is completely unjustified. Retailers just want the dividend but it's ROC.
Sep. 21 at 11:53 AM
MGPS00$PGP I agree that the div is good. However, why would you pay a 39.5% premium of street price over NAV?
May. 28 at 9:18 PM
l2trade09@wsmco i like $main too, but another good div stock (closed end fund) is $PGP they've yet to miss that .18/mo div. currently 18.35% ann
May. 28 at 11:46 AM
mflambert@dustinmann Check out the pivots on $PGP http://bit.ly/13d2uV Any short here would be tight stops. Breakout resistance long looks better.
Apr. 4 at 3:57 PM