Will it be $3, $4, $5. Logic says, no growth minus the dividend it's a $4 stock, but the market is implying declining revenues (not counting debt gains). So, with a potential 10m more shares out there from the stock dividend, do we break $3? Just curious as to what others think.
If the dividend is seen as "likely" to continue, even at $1/share and with no growth but no decline either, I think that it is quite likely that the yield could fall to 20%-16.67% quite easily resulting in a $5-6 stock. Just my opinion.
We give the American public too much credit. In reality there are many out there that are sitting on CD that pay less than 2%. I've stopped giving advice to people on what they should do with their money. Many simply do not want to take risks of any kind. They would rather complain on how little they are getting than actually doing something about it. Wait till hyperinflation kicks in and all that cash they are sitting on becomes less valuable. I believe that if one buys the likes of GE or Dow or Cat or a mixed bag of the same they would come out smelling like a rose instead of shit.
No pain (Risk) no gain. The biggest gains will be made by the first ones in the pool.
There's an awful lot of crying going on as EVERYONE including the Porn Industry is trying to look as bad as possible to get bailouts. And sure there are all sorts of layoffs...wah,wah,wah..but,hey,this recession/depression is already over a year old and the population of the USA is up 3 million more who need shelter etc. June graduations are coming and millions more will be looking for work..a lot of activity. And guess what? Housing sales last month were pretty good, and with all the money sloshing around the leading indicators were up. Things are starting to happen. I also am betting that NRF buys a lot of its' debt at low cost levels.Now, since the market sort of "bets on the come", the December 31rst '09 pps will be looking toward June/July of '10 with recovery on the horizon IMO. I doubled down on NRF at $2.80/share and love today's $1 or 25%+/yr dividend. At $7/share I'm at 14%. Life is NRF GOOD!