Frantic search for stable yield is boosting prices for all high dividend paying stock. You could argue whether QUAD qualifies as stable, but it has weathered tough times with an eye to maintaining the dividend. This won't go on forever and investors will turn back to stocks with better long term growth and cheap valuations. If you want more than a high divi probably to move on in advance of the shift
Yes, but apparently in the wrong direction. Funny how this stuff works. You could hypnotize rumors of a merger pushing the price up, and when it turns out its in the other direction, pushing it back down again. However, that would be cynical.
Exactly right. It is not that complicated. The cure for low prices is low prices. And throw in the increasing east coast logistics which favor all the Marcellus drillers, you get a favorable risk reward at this stage in the price cycle. The market is very good a forecasting as evidenced by RRC stock out performance in the last few weeks.