General American Investors Company reached a 52 Week low at 37.53
J
United States closed end fund , GAM----General American Investors Co., and GAM Holdings AG a Swiss financial co. are not the same. But the Swiss co. news is coming up on the USA GAM cef news on Yahoo.
H
Thinking about why the discount to NAV seems to have increased and possibly becoming the new norm as of late. One of my other closed end funds which historically hasn’t performed as well as GAM, ADX has reported a very good EOY distribution. Could it be attributed to the timing of taking profits by fund managers, or could the increasing discount to NAV be with investment managers’ performance issues?
Q
If anybody ever looks at our numerous intelligent conversations on Yahoo-since the price is finally going up again, please 1. don't sell and 2. suggest to anybody you know who has any sense that they should buy this fund and hold on to it. Maybe some day we'll actually get up to the actual NAV. Of course, maybe we want to keep actual price here and just collect the same dividend at a higher return rate on the lower value and we got more shares.
W
RAV may be a good buy, today. 13% distribution, good earnings, low P.E., discount of 14% and today's volume is twice the norm.
Q
Since I have such a good response to my previous message, why does this fund have an average of 60000 shares sold and bought every day??? Why once you bought it would you consider selling it unless you really need the money? In which case I can see once in a while there being a day with that many shares, but rarely. Are all of you buying this and then deciding it was a mistake so you sell again, and that is happening continuously every day????
R
Hey anybody out there-we need the stock to go back up so the dividend will be worthwhile, so don't sell!!!!!!
Y
GAM reached a new 52 Week Low at $31.74
Y
GAM reached a 52 Week low at $27.06
Y
GAM is down 7.64% to $31.57
Y
General American Investors Company reached an all time high at 46.51