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Convergys Corporation Message Board

  • tazmo85048 tazmo85048 Feb 11, 2013 12:07 PM Flag

    dead money

    I held onto CVG for quite some time until it got over $16, then I eventually sold everything. If you take the cash away, maybe the company is worth $10-12. If you ad it back in, maybe it is worth around what it is selling for now. The only way I see CVG doing well is by selling the company, which could happen, but maybe it will take a while. A share buyback or dividend is already reflected in the stock, so unless the stock drops hard- to say $10-12, I am just happy to have sold out at a nice profit. There are better opportunities out there, unless CVG gets bought out, but there is no way of knowing that.

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