Buy @ $3.06, $3.04
David's Yield Rotation Strategy involves switching between Yield Stocks which has sequential Dividend Reporting quarters.
In his case, a switch is being done from SIAEC to SATS, where both have the same Dividend Reporting quarters. This could be termed as Value Arbitrage if I interprete Seth Klarmen correctly in his book 'Margin of Safety'. SIAEC & SATS are being designated as a PAIR. Pairing Strategy involves identifying stocks which have similar financial characteristics for eg. Yield, usually in similar industries. Profits can be realised whenever there's a Value Arbitrage (in this case, I call it Yield Arbitrage – a term coined by a fellow forummer in Wallstraits where I'd previously shared my approach, mainly for REITs) ie. SIAEC price went up while SATS price went down, with Yield being the reference point (usually need to use a factor to normalise for the pairs for proper comparison – can also be more than a pair when applied to REITs). 😀