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StoneMor Partners L.P. Message Board

  • dyk742000 dyk742000 Dec 31, 2012 6:11 PM Flag

    ?????????

    Seems like every stock was up except this POC. Have an urge to average down, but probably should just take the hit and sell. The stock has a lid on it and it won't, IMO, go anywhere soon if ever.

    Had two loser stocks this year and this is one of them.

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    • Dyk742000,
      There are only two intelligent ways to play this stock. Buy and hold for the dividends, or flip trade on the panic sell offs and take a lot of short term profits like smart traders did today when it was up almost 6 % at one point. Buying and holding with an eye toward capital gains is probably the least likely way to make any money, but seems to be what you are hoping for. I suggest you do sell and by F or AAPL where you will probably be happier. Me, I'm just collecting the divvies and ignoring the weekly fluctuations. Could the dividend be cut, sure, nothing certain but death and taxes but this compnay makes money on death and I hold in an IRA so no taxes for a while. GLL
      Ken

      Sentiment: Hold

    • Probably should just average down. Short POS

 
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