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Consolidated Communications Holdings Inc. Message Board

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  • prginww prginww Jul 6, 2011 10:37 AM Flag

    Looking For Big Dividends In Telecom


    If you are looking for a quick profit ( I assume you bought for less than 19.92. Price is rising due to dividend due 7/13.

    On the other hand CNSL's chart looks technically strong. Granted we will see a price decrease on 7/13 but we have a rising trend with higher highs and higher lows since mid -March. We are well above the 50 and 200 day SMA but are more than 2 standard deviations above the 20 SMA on the daily chart. You might want to sell now , forego the dividend and back sometime after the X-Div. This stock is also fundamentally stronger than in March , I think.

23.28-0.93(-3.84%)Jan 30 4:00 PMEST

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