October 15, 2019. We are reading some disturbing comments this morning about one of our Core Portfolio positions. We will be SELLING RILYZ. The total return which includes the numerous dividend payments is 29% so it has performed well. Yes it is possible we are over-reacting but in this environment it is better to be safe than sorry.
It looks like GLADL is trading today. We are BUYERS at $25.00 or less. This is a baby bond and the yield is relatively low so keep that in mind.
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