Cornerstone Strategic Value Fund, Inc. (NYSEMKT:CLM)

CAPS Rating: 1 out of 5

A closed-end, diversified management investment company whose investment objective is to seek long-term capital appreciation primarily through investment in equity securities of companies listed in the United States.

Recs

1
Player Avatar LSMiniSkirt (88.41) Submitted: 7/7/2010 8:47:11 AM : Underperform Start Price: $10.50 CLM Score: +20.06

Selling at a mega premium to NAV and underperforming its peers, this is a dog.

Member Avatar LSMiniSkirt (88.41) Submitted: 11/17/2010 8:46:17 AM
Recs: 0

The rights offering of 1 for 3 should provide some support for the fund until early December as people can buy at NAV and sell at market. It will be costly for shorts.

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