Originally Posted By apexcrusade:



I hope this provides as much entertainment to you reading it as it did to me writing it and, might I mention, absolutelynohomo:

I had to buy some MVIS on the dip, actually the dip is still here, trying to get the low so I can turn it over in a couple of days for some gains, otherwise on that I'm holding like most everyone else.   RILYZ is an awesome baby bond I've held for a while, it's set to mature in 2027 and in the meantime it pays  8.9% yield (on cost), perfect for what I want.  Enough of this type of thing and I can exit the game on my own terms. .  Being corp debt it is higher up the capital stack as far as safety, no skipping the interest as that would cause a default.   I've been trying to accumulate as much of that as possible, cost basis is $21.18.   And, guess what?  RILY is going to call it early.  

So on 31 Mar they will buy them all back at $25 par + interest.  I've had a built-in CAP gain on this of $3.82 per share or 15.3% but was hoping to hold through 2027, collect interest along the way and then the 15.3% guaranteed at the end.  This is the perfect setup on these that I try to replicate as much as possible.   But,  I am trying to get out of it today at $25.31 which is par plus accrued interest rather than wait until 31 Mar so I can put that into something else that might be on sale.  So, I need something to replace that income.  

All the other RILY bonds and almost everything similar on my list is at or over $25par so not good enough,   So, looking at some preferreds and just started with BTI at 7,5%, WRK for CAP gains.  Also DOW for CAP gains but also pays 4.5% while i wait.  Also always building up TSE to sell when it hits about $150.   TSE has been my best investment (other than GME which produced obscene gains of course)  - got in at $20 and its at $76 recently, although down due to market conditions in the mid sixties range,   Other income stuff I;'m pursuing right now to dump a ton of money into at the right price - some closed end funds,   BGH (8.05%) GLO (9.23%) , GLV (10.61%) and seriously considering a baby bond that was acquired by a private company and then voluntarily delisted to the OTC market - LTSL.  At around $19 it will have a built in CAP gain of $6, or 24% when called (I think it will mature in 2027) and income will be at 8.65% until then.
What else do you want to know?

Originally Posted By Admiral_Crunch:
Well, I said I was done buying MVIS, but I went ahead and transferred in a little more and bought 50 more shares at 13.20.

Originally Posted By Admiral_Crunch:
Okay, that was weird.  I had a dud stock I bought a while back that dropped and then just laid there.  Finally decided to cut my losses and get out.  The stock is sitting at a steady 1.39, and I put in a limit order to sell at 1.50 should it pop up briefly.  The sale just executed at 1.50, and the stock is still at 1.39.  Did someone put in a market buy order, and my sell order as the best deal available, maybe?