I bought in at 35.95 for the divy and any increase. I'll be happy if this crosses 40 in the next week. I did the same with STX.. Made 20% profit and 12% divy.
He's one of those trolls that needs to get attention when he lost all his cash in the market. Some people live like that. me I was happy to get my $126.00 dividend and almost up 10%..
I'm still in at 19.90 and bought a few days before divy but I am unsure how high it will go. I will give it a little bit but they are bound to drop the divy next qrt and that will drop the stock.. If I can get out with this near 25 I'll be happy..
I am not long haul on this. I am 1 dividend and whatever gains it gets. This sector has major long term issues and I'll eventually watch on the side. If it does dip to 15-16 i'll look again. I don't see the dividend this high lasting past this 1 qrt.
Shorting near 52 week lows is a stupid bet IMO. Could it make new lows. Of course it could but the risks far out weigh the gains. Especially with such a huge dividend. Shorts would be smart to cover at least for a few days drive it up and then try again..
I bought in the 19's. I am up already and will hold for dividend at least. If this thing can get to 23 I might take my 20% and dividend and move on. I am in way too much tech and specifically the HD having WDC also..
See it held above 20.. It was a fight but today the longs won some back. Should be up to 21 by dividend date. After that who knows..
I can't tell you how many times I thought was a low for it to test a new low. If we all knew bottoms we would be rich. Recent ones. CMI I bought at 106 tested 80's.. TWTR bought 38 and still have. DMND bought at 38 and tested 13 only to make a profit above 40.. All those stocks had very far drops already.. Patience pays off. I never lost a dime on any of those stocks eventually. Thought TWTR I have doubts about...
I bought STX on the dividend. 12% is a lot.. At least for 1 qrt. I make a profit plus dividend can't go wrong.