#$%$! I put in my buy order a day last week, and I only made it a day order... Totally forgot to make it a GTC order! Just put in a $5.98 order, so hopefully Monday it'll hit that!
what time did your buy at $5.98 execute? I don't see it. I see a few at $5.99, one at $5.95, and a couple at $5.9935 and $5.9936 - nothing at $5.98.
I did! Had a buy order in at $5.98, so I got a few extra shares! Like you said, time will tell! I'm think it'll pay off though! Let's hope!
pull the trigger? CCUR dipped under $6.00 and I added some shares. I used my April 10th MO and PM dividend payment. Time will tell if this was a foolish move. Bob
...appreciated. It is always good to be cautious, especially with a company like CCUR and it's high yield. The 7.6% dividend yield is a red flag, to be sure. I have a buy order in at 5.99...we will see if it get's filled. it's for a small amount, so I'll survive if I'm wrong, which has happened a few times.lol I've learned my lesson re: red flags and women, but not so much with equities.LMAO Hey, time will tell. Bob
Anything is possible... They definitely could cut the div... I just don't see it happening, but I could definitely be wrong,
you need to be cautious about making such assumptions.
for example, look at ESIO - CEO bought 10,000 shares on Jan 30, then on Feb 23 suspended/eliminated its dividend. as much as we like to believe CEOs are always purchasing shares because they believe they are undervalued and (in this case) they want a nice hefty dividend, they do also make purchases for "show" and to provide some incentive to other investors to buy in an attempt to stop shares from sliding further.
while the shares are at this $6 level and the yield is up in the neighborhood of 8%, in my view, it is providing justification for company to reduce the dividend. considering the insiders who own shares, my guess is that they will reduce the dividend (by 50%) and not eliminate it. CEO will have a prepared statement justifying the reduction. because he is a new CEO, he is going to be given a long leash to do what he wants to energize the company. he will say that the company can better use the cash for growth opportunities than paying it out in dividends.
I don't think the dividend will be reduced, even if there is a poor earnings report. Elder bought shares recently (about 2 months ago), and I don't think he would have bought shares to see the dividend get cut.
you should probably wait until it's closer to earnings announcement or after...which I believe should be April 28. there might be a small pop the day or two before the announcement, but, probability is that there will be a selloff after the announcement.
if the earnings are mediocre/poor, the dividend could be reduced.
very dangerous to be buying now.
I'm all in if it hits $6! I think adding the new SVP of Worldwide Sales is a big plus, especially a guy from ARRS!
Another few percentage points and I'm in!