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I'm watching dividend-heavy ETFs, specifically watching ZDV (a BMO dividend equity fund) and ZUT (the BMO equal weight utilities index).

ZDV is pretty new, so I have to research it further. It holds quite a few high dividend yielding Canadian stocks and you can see how beaten up its getting in this sell-off. This is probably because those high yielders are inherently riskier stocks.

ZUT seems like a very nice vehicle. Prior to the selloff it was yielding approx 5.1% net of fees. Currently it's yielding 5.2% net of fees. However, my research gives a projected yield (once you adjust for some unsustainable underlying dividends) of more like 4.5% net of fees, at the current price.
 

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What is going on with KERX? It's up almost 4%.
Do insiders already know that there are positive test results for their new kidney disease drug? The results haven't been announced yet.
Options implied volatility is way up too. Something is going on here.
 

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What is going on with KERX? It's up almost 4%.
Do insiders already know that there are positive test results for their new kidney disease drug? The results haven't been announced yet.
Options implied volatility is way up too. Something is going on here.
And today is up another 6%, and a nice recovery from the 52 week low.

I thought I was the only one familiar with this stock here. :)

The stock rise has a lot to do with momentum.

If you're an investor, good luck, but just keep in mind that the stock could suffer similar set-back as it did earlier this year, when the FDA rejected perifosine after the Phase III clinical trials [despite a lot of hype that it would get approved].
 

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I thought I was the only one familiar with this stock here. :)
I couldn't resist the volatility and played this on Friday.
For my Jan 2013 option play, I'm hoping the test results don't lift the stock price up too high. I need it to stay below the 3.80 mark.
We'll wait and see how my gamble turns out.
 

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Watching BTE too. I sold it as part of tax loss selling in mid Dec. It's kind of bounced around the $42-44 range in the past month, so I think I will wait and see for now. I may get into it if it hit low $43. Also couple small cap stocks caught my eye, particularly MCB (McCoy Corp). It seems to have performed very well in the past 3 months. Anyone following or holding position in MCB?
 

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Read many overall economic and market forecasts for NA and globally that recommended EAFE and International stocks as a good area this year. They have done nicely this yr. ZLD BMO low volatility hedged etf up ~ 9-10% so far. Not bad for lower risk index investing.
 

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Discussion Starter · #56 ·
I think he means Kingdom of Saudi Arabia
True :), oil prices have a huge moves on every KSA rumour, I won't be surprised if they made hundreds millions on their own rumours :)... Charts and other BS can show whatever you want.... if tomorrow somebody from KSA will tell that they are supporting production cut for longer period, oil will jump 5%, and opposite
 

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