Anyone long has GOT to be expecting a drop from this range in price. O.K., if you're here for the next 20 years I know this doesn't even faze you. But those looking to turn this must be looking hard in here. Honestly, what would inflation in the U.S. do to this stock? Is it THAT bullet proof? JKP
I owned this stock since it was in the Mid 12s. I have owned it for 2 years and I did do my due diligence to find it. It is a pure gold mine, great company, and stock, and it has strong demand, increased earnings, and raises dividends every year. I am up on it about 90% in 2 years since I bought it counting capital appreciation and all accumulated dividends, they also raise their dividends a lot. Strong buy at this level.
A-date...Why would inflation hurt SFL...? SFL has a growing business with a good dividend...inflation could (???) help increase SFL's share price...! Board members, I must admit that I am a bit surprised that the bull is still running so strong without any strong pull-backs...! If I did not know better, I would say that investors are reading this message board and buying all of my current holdings....Year to date, I am now up 23% and the year is not over yet (it could still go the other way)...! At this time I am batting 100% because all of my current holdings with dividend add backs are in the green...! My current leaders are SFL, SDRL, AGNC and DBA (DBA is a trading position)...! I will buy more HTS and RSO today if we get a midday pull-back..! How sweet it is...good luck to all...!
>>At this time I am batting 100% because all of my current holdings with dividend add backs are in the green...! <<<
Me too. I was 95% invested through mid August. I watched the selling and listened to all the doom and gloom and warnings about how bad Sept and October will be and went well into margin, about 150% invested since 3rd week August. The negativity was so rampant it was obvious there was no selling gonna happen. Great 2 month rally. I also have a lot of physical gold and silver bought when the Obama win was apparant. Barrack hasn't let me down with his spending and the accompanying inflation fear. Fireing on all cylinders.