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AUTHOR
DATE
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10
member
2/01/07 1:59PM
Pepper
As noted in my write up, I think an S&P hedge is a great idea as CRF's manager is a proven value destroyer and the likelihood of the premium permanently increasing seems minimal.
Doob,
I've been waiting for a reply from Chuck but given his silence I am glad you have chimed in. As far as I see it the arb makes no sense. I would appreciate... login to read the rest
Chuck,
I am a little perplexed by the logic of your hedge. Unless you believe that the premium is going to expand there is no rational to hedge. The dividend reinvestment plan, although heavily... login to read the rest
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