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Message Boards Settings B&G Foods Inc. (BGS) - Quote Info
SO WHAT !      2-Nov-09 07:54 am    
Just so we are clear, I like their products, I hold the IDS, I've traded the thing.

And now what?

I bought it in the beginning for the income. I hoped for growth - my original cost is near, but below the current price (timing is everything).

I'll hang on to the remaining notes, even if I COULD sell them.

But the common? IDUNNO.

They have returned about 42% of my original cost as return of capital (with more expected this year - my guess). Except for the ROC, considering the trouble over the past 2 years, it has held up pretty well. The yield is OK, MAYBE the growth prospects are too.

So, the question?

As an income investor, I can presently get a tax free muni yield near or equal to the BGS taxable yield. Should I hold? Why should I hold?

Just lookin' for thots.


Sentiment : Hold
Rating :
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finle1y


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  Subject Author Rating Time of Post (ET)  
 
SO WHAT !
finle1y (1 Rating) 2-Nov-09 07:54 am  
 
I'm afraid of Muni's because states can default.
banker6991 Rate it 3-Nov-09 01:56 pm  
 
banker6991 I have some state specific muni...
finle1y Rate it 4-Nov-09 09:28 pm  
 
>>I buy general CEFs Absolutely. I ha...
finle1y Rate it 22-Nov-09 05:05 pm  
 
Your 9% tax-free muni yield is either using levera...
strum_this Rate it 3-Nov-09 04:46 pm  
 
strum_this Thanks for the thots. I used t...
finle1y Rate it 4-Nov-09 09:52 pm  
 
Yeah, my biggest investments currently a...
strum_this Rate it 11-Nov-09 09:29 am  
 
>>biggest investments currently are...
finle1y Rate it 22-Nov-09 05:12 pm  
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B&G Foods Inc. (BGS)

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