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Windstream Holdings, Inc. Message Board

  • renaissancebubba renaissancebubba May 5, 2011 10:06 AM Flag

    I'm on the bench...

    sold at 13.08 the other day. I'm taking profits and moving to cash as I can because I happen to think there aren't many bargains out there right now and I might be money ahead to just take the summer off. Have more fun that way too.

    I'll be looking at WIN again when we get a bit closer to dividend date but the price will have to be right, and I have to say I've been losing confidence in the sustainability of the dividend with each passing quarter. Not ready to write it off just yet, but I don't really want to be holding a large position when the day comes that the dividend gets cut because the dividend is the only thing attracting a lot of WIN investors, and they will panic sell the second the dividend is cut. I'd rather watch that one from the sidelines.

    Good luck to all - seeya next time around.

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    • Renny- Why do you trade in WIN? This is a buy and hold, or don't, issue. You won't get your 25 cents in July. When I trade its in high volatility stox, tech, finance, or industrials of late, and very short term. WIN strikes me as safe harbor. You either buy the Gardner pep squad's line or you don't.

      You are absolutely rational. You sound like you're going to have terrific and relaxing summer. Good luck. Mulligan

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