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ADVDX is in a trading range for the rest of this year and into 2010. The top of the range appears to be $5.25 (+/- a few pennies), while the bottom of the range appears to be $4.75 (+/- a few pennies). The equilibrium (steady-state) NAV is $5.00. Once the individual investor is convinced that the economy is growing again, that jobs losses have stopped and in fact are gaining ground, that home prices (new and existing) have stabilized or are growing, then we can expect growth in ADVDX's NAV above $5, as those individual investors climb back into the market.
In the meantime, accumulate shares from dividend reinvestment to take advantage of future growth in NAV. Rating :
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Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
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Trading Range
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alw59saw | (2 Ratings) | 1-Nov-09 10:36 am | ||
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As military legion commander, I am in full agreeme...
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porkus_chop... | (2 Ratings) | 1-Nov-09 12:09 pm | ||
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HAHAHA, it's nice to have some humor here, br...
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saguronsand | (2 Ratings) | 1-Nov-09 12:15 pm | ||
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Oh, please, no contuberniums ... anything but...
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alw59saw | Rate it | 5-Nov-09 12:33 pm | ||
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P.S. Beware the Ides of March, military Legi...
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alw59saw | Rate it | 5-Nov-09 12:33 pm | ||
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I agree with your view of the top of the range at ...
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saguronsand | (1 Rating) | 1-Nov-09 12:13 pm | ||
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that past history is past history. Tomorrow ...
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alw59saw | Rate it | 5-Nov-09 12:35 pm | ||
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Hey! Guess what? When institutional investors...
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porkus_chop... | Rate it | 25-Nov-09 09:22 pm | ||
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Until that happens, it's best to maintai...
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alw59saw | (1 Rating) | 26-Nov-09 05:32 am | ||
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For those of you who were worried about ADVDX's NA...
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alw59saw | Rate it | 25-Nov-09 08:06 pm |
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