This is a great hold for income investors like me.. Anyone who thinks this would double is in for a big disappointment. New share issues would prevent that. And at $30 the yield would be about 3%. Who would be a buyer at that level?
I think we should follow some of the others and avoid questioning or replying to his sick posts. You may be correct about his condition. Just posting and reposting t he same nonsense for all these years. We are only making him sicker by answering. I'll have a contest with you. Lets see if me can avoid replying or baiting him for 30 days.
In the end we are all better off not replying. He really is a sick guy. You can still get your laughs by reading. But true now mostly repetitious and not as entertaining.
I had tried that in the past too. But he is not interested in the exchange of opposing points of view . He just wants to be an idiot troll. I agree that the board shouldn't just be for cheerleaders, but most Yahoo boards are stuck with trolls like him. They each have their reason, but they just get stuck on one board and that is their sick, sad life. As for O, I can't find a reason why any new money would be buying now. I had sold and put that money into MAIN and PEGI. They too are up lately as well and pay about double the yield of O.
When I sold a while back at $60.40 I put the proceeds into PEGI and MAIN. They are up an equal amount and the dividend percent is double that of O.
for someone who has such 'knowledge' about this company, he sure has been on the wrong side for all these years
You know there is nothing to gain by 'discussing ' or trying to beat down the troll. Let's see if we can just ignore his posts and not be drawn into useless discourse with him. You can still get entertainment by reading his nonsense.
I agree with you completely on this. I will add also 'corrections' to tax returns prepared by fraudulent tax preparers. South Florida sadly the center of that 'industry'. We see fuel tax credit, fake Schedule C income to qualify for more EITC, etc. I too make corrections from CPAs, EAs, other Block preparers and yes even returns I prepared myself.
That's the idea. But when he makes jokes when 50 people have been killed is so sick and he should be banned for life from Yahoo.
Thanks again for the summary. You may also want to consider--O is dying, as CPA I recommend selling, Treasury bill rate
In the end, it is total clients coming in that matters, not when the come in. So perhaps the third quarter will have bigger losses. Even this year, Wall Street reacted positively when the forth quarter beat expectations. It seems some still offer small 'instant' refunds of $750 or so, but they charge so much more, I don't know if that is a real draw.
I sold my WFC-O today at 25.90. Basis about $21. plus all those dividends. Use the profits for a kitchen makeover. Once you spend the profits you can not lose it back.