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Cleco Corporation Message Board

  • drymouthmccoy drymouthmccoy Jun 29, 2010 6:02 PM Flag

    Grannybones bought big dividend paying (CMO) today!

    Grannybones is on a fix income and can't afford to worry about the stock market on these days when the market decides to do it monthly crash. She has her money invested in secure stocks which pay her a great dividend each and every quarter no matter what the market is doing. Her portfolio consist of stock symbols (RWT) (HTS) (WHX) (FRO) (NAT) (MSB) (NRT) Now the "Big News" ticker symbol(CMO) without including the great dividends is expecting a run up in price by over 30% in stock value by 2012. The market is down some 250 point today and this is when Grannybones reinvest her big dividend payout to buy more shares. Grannybones can feel comfortable now knowing that her money will go to her children intact if she should every pass away!

55.360.00(0.00%)Apr 13 4:02 PMEDT