$EGGY Added at $29.01 this morning. Much less risk buying here than in the $35-40 range, that's for sure!
5
Investor77777
$EGGY Unless this is a long-term, buy-and-hold/set it and forget it investment for you, the rule of thumb here is buy at or below $30.00 and sell above $36.00, rinse and repeat. Yes, that requires patience. Look at the all-time chart showing the history of how shares have traded since inception. There have been three opportunities to buy at or below $30.00 (with a fourth coming very soon), and many opportunities to sell above $36.00. I wish the EGGY fund manager did not fall in love with the stocks in the portfolio, i.e., holding on to the high flyers that should have been sold back in July when they were all 25-35% higher in price than they are today. Until the fund manager learns to sell stocks when they become overvalued (SanDisk, Micron, Seagate, etc.), and move into other investments with better value, EGGY will not trade at $40+ per share again.
5
Investor77777
$EGGY I'm out, guys. This has turned into another YieldMax debacle with completely incompetent fund managers who decided ride the AI trade all the way to the bottom. Unfortunately, I trusted them and rode it all the way to the bottom with them. This is down 60% from the highs earlier thi year in spite of their hedging strategy. There is no point in paying a .92% expense to have your money managed for you if they are simply going to buy and hold without reacting to events that cause massive selloffs in the stocks that they have been holding. This will never see $30 again, and once the NAV drops below $20.00 in the coming days/weeks, the monthly distribution will drop to $.50-.60, if not lower.
4
Jnnnk
$EGGY$EGGY another factor to consider… October is the time that mutual funds sell for tax purposes. That probably helped (in part) to fuel the massive selloff in EGGY underlying stocks. Generally, fund managers start buying back in aggressively in December. So here’s to hoping for a big December bounce!
3
OldStyle33
$EGGY added 23.57 average. Should get a decent bounce but the ai trade is prolly on its last legs
2
dalyconcepts
$EGGY Ok, back to holding 500 shares, but with a new avg of $32. Could have just waited a week then started buying! Oh boy. Going to be holding this for a bit, eh?
2
dalyconcepts
$EGGY STX might want to consolidate around $500... that's still a bit of a ways to go! The largest holding is a huge drag right now.
CarlosAC
$EGGY weird how they don’t post the distribution amount until AFTER the ex dividend date.
Smuttyz
$EGGY Chip stock have a bright future until the money dries up. They have years of backlog for chips besides Data Centers. In 18 months we should see a leveling out on chips because power and high density data center builds could take decades. Land lease, Power , fiber and cooling will be key. Or chips consuming less power and run much cooler are developed.
Refurbishing older data centers may be on the menu as well. They would be saller foot prints that have power and water. But we shall see.
dalyconcepts
$EGGY Top holdings are up 5% or more this morning and we're sitting no better than yesterday... this fund is weird.
EarlyIncomeInvesting
$EGGY ngl I sold the other day while losses were low. Only down 300 after dividends, but im gonna diversify more. I’m way too heavy in texh and the mag10