I wasn't able to respond to your post, so I created a new thread. How s my post negative? Historically, we've learned that the pps will drift downward for a few days after an announcement of a public announcement. So what? If it dips below 35, which I believe it might, it will only be temporary. Pretty soon, mgmt. will announce a new acquisition that will be immediately accretive to earnings. Also next month, expect another distribution increase announcement. So, if you can scoop up some shares sub-35, do it. We'll see the 40s again in a few months.
Jaime, I never would have believed You would think the pps would drop that low, even with issuance of new shares. I`m suprised we aren`t up after hours today, but hey, what do I know, just blessed to be a holder in CLMT.
Well ,maybe it won't go below 35. I've just noticed from the past that the downward drift after a secondary announcement lasts a few days. If it does go below 35, I'll look at it as a buying opportunity. Remember, the short term dips are your friends.