Bloomberg TV just did a segment on Codi, mentioning it owned a leading gun safe manufacturer and mentioned the 10% dividend. Stock shot up immediately after that.
A relative of mine just bought a Liberty safe and the word is they`re selling more safes since all the Gun Control law talks have spreaded, also said ammo is getting harder to find, we are in the south so that might have a little to do with it. We believe we have a right to own firearms as our Constitution states!
... and here is the story:
http://www.bloomberg.com/video/spotlight-on-gun-safe-maker-compass-holdings-Yxz2gj7YSuqSn7zYzNUW1A.html
Sentiment: Buy
Thanks for the info! I could not account for the big move this afternoon. Hopefully CNBC and others will pick up on this as well. Disclosure: I'm a long term holder with over 10,000 shares now.
Sentiment: Buy
Is their dividend sustainable?
Ah, thanks for the info could't find any news about the "sudden" jump in the share price... to bad i have to wait until early January to get hold of founds to increase my position.
Sentiment: Buy
Burns, an insider bought shares on dec. 11 & 12 of 12 in his name-not through the Co., that should be a good sign also.
Sentiment: Hold