Hi B2.
I made my buy decision in January of this year. I can't remember the specifics off hand as they are in my office at home.
I calculated that I was better off to purchase the BPCPA's due to the yield, which is about 4%ish. I put my order in at 48cents...whilst they were trading at 54cents. For once I was actually patient and stayed put.....the market finally met me some 6 weeks later at 48cents...and kept dropping.....DOH!!!
They have picked up a bit since entry, but I'm in till they hit the high 60's.
Sorry I dont have the specifics at hand.
I dont think you can go wrong with them at these prices....as a medium play....especially once G.H starts cost cuttinf and selling divisions.
My bet is that he already has a buyer linned up for parts of GMF.
Time will tell.
Kiril
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Hi B2.I made my buy decision in January of this year. I can't...
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