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Great Northern Iron Ore Propert Message Board

  • foreverwhiteroses foreverwhiteroses Mar 19, 2013 11:56 AM Flag

    Second Guesser's Paradise

    I've been watching this stock in amazement for the past 6 months or so, never buying.... You'd think the market has occasional bouts of irrationality that are eventually corrected, yet this one remains so far above every rationale pricing imaginable you have to wonder, WHAT AM I MISSING? Maybe there has to be more to this thing than meets the eye because it continues trading in the same range month after month. Don't blame this on retail chasing stated yield - not for this long without someone being willing to slam it. Could it be that the amount of the dividend makes short sellers reluctant to short or is it just the overall small size of this thing? Or is there something I'm missing? This thing is defininitely operating in a second guesser's paradise.

8.500.00(0.00%)Mar 13 4:03 PMEDT