I'm a high yield div stock chaser and have a small position in EROC. Watched Mad Money a few days ago and Cramer said EROC was "too dicey" for him. I'm sticking with Cramer until after the deal with Midstream is over and the FTC gives its blessings.
Crammer probably had zero idea what EROC was, he has no time to research such a relatively minor company. That's always how he deals with companies that aren't on his "best of breed" list, he just dismisses them with some general mumbling and moves on to the next sound effect.
I have 7,000 shares, but if drops more tomorrow I might buy some more to lower my cost average. EROC just needs the revenue from the div. because of the hold up by the government for more information. When they get it we will get our div. payment and the stock should take off. It is a gamble, but you don't make big money playing it too safe. GLTALs