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$6.14 -0.03 (-0.49%)
5/16/2008 3:57 PM

Cornerstone Strategic Value Fund, Inc. (CLM)

CAPS Rating:
*

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.

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Cornerstone Strategic Value Fund, Inc. At A Glance

Current Price: $6.14
Last Trade Time: 5/16/2008 3:57 PM
Open: $6.18
Previous Close: $6.17
Daily Range: $6.10 - $6.18
52-Week Range: $4.27 - $9.35
Volume: 79,927
Market Cap: $164.39M
P/E Ratio: 0.00
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Stock Trends

CLM VS S&P 500 (SPY)

CLM 12 month chart vs. S&P

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Top Bull Pitch

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Top Bear Pitch

Recs

1

Cornerstone Strategic Value Fund, Inc. (CLM)

Avatar CryingofLot49 (98.99) Submitted: 6/13/07 1:43 AM

Nav 80% overvalued

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Recs

0

 (CLM)

Avatar TEsoccerDad (39.66) Submitted: 4/10/08 10:30 PM : Outperform Start Price: $5.78 CLM Score: 0.39

Turned the corner, all indicators point towards bullish trend.

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Recs

0

 (CLM)

Avatar LuvABear (98.42) Submitted: 3/08/08 7:49 PM : Outperform Start Price: $5.53 CLM Score: 1.16

Oil and Gas Refining?

A great Price Per Share and an 8.70% yield. Count me in.

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Recs

0

 (CLM)

Avatar ThePessimist (99.25) Submitted: 2/12/08 12:24 PM : Underperform Start Price: $5.61 CLM Score: -4.24

CRF and CLM are evil twins. Both are closed-end funds that hold similar large-cap portfolios with top holdings such as GE, XOM, C, and MSFT. Both trade at a premium to NAV of over 40%! Why? Because both have "level distribution policies" under which they pay out up to 21% of their NAV in distributions (inaccurately called "dividends" by some). Some people who don't look closely therefore think the funds somehow actually earn a great yield, and don't understand that they're just getting their original capital back.

As the share price keeps going down (as they return shareholders' money), even the most naive investors will start to wonder what's going on. At that point, people will bail and the premium will turn to a discount.

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Recs

0

 (CLM)

Avatar marathon67 (95.91) Submitted: 1/16/08 1:27 PM : Outperform Start Price: $4.65 CLM Score: 28.26

high yield at low price

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Recs

0

 (CLM)

Avatar billschooleer (< 20) Submitted: 1/07/08 7:13 AM : Outperform Start Price: $4.94 CLM Score: 23.61

Dividends are great, share price is depressed due to day traders. We enjoy high dividend on 50000 SHARES

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