Looks like CTL will break below $40 next week. According to CEO dividend is safe. So could be a buying opportunity as it hits new lows.
"According to CEO dividend is safe."Did you really expect him to say it wasn't safe if it isn't safe???
I was thinking $40 might be a good level to buy, looking at charts doesn't it look like $40 & $39 are recent support levels?
I'm thinking $35 might be a good level to buy.
Only if CTL goes from 38 back to 40+.There's a hidden message here - like analysts 2nd guessing CTL might have chocked trying to swallow a whale.Only time will tell if this merger has spider webs hidden and a brown recluse will surface.