Posted by sandlamp on 30th of Dec 2009 at 09:03 am
I heard Jim Ross on Fast$ last night talk about JNK a high yield
corporate bond fund - 12% yield. Does anyone have any
thoughts on this? I know next to nothing about bonds!
yes that's right it pays a 12.5% dividend, because of that I'm
going to take it off the watch list, or you can short it, but dont'
hold over the ex dividend date, because when you short a stock, you
have to pay the dividend and I don't want people getting caught up
in that.
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JNK
Posted by sandlamp on 30th of Dec 2009 at 09:03 am
I heard Jim Ross on Fast$ last night talk about JNK a high yield corporate bond fund - 12% yield. Does anyone have any thoughts on this? I know next to nothing about bonds!
Matt, I'm new here so
Posted by sandlamp on 30th of Dec 2009 at 10:06 am
Matt, I'm new here so maybe I'm not looking in the right place but I dont see JNK on the watchlist. I'm wondering about it for a longer term trade.
yes that's right it pays
Posted by matt on 30th of Dec 2009 at 09:57 am
yes that's right it pays a 12.5% dividend, because of that I'm going to take it off the watch list, or you can short it, but dont' hold over the ex dividend date, because when you short a stock, you have to pay the dividend and I don't want people getting caught up in that.