well, your poor investors... I see one positive guy on the board... the key is going to be the div, if it drops.... we know what will happen.... and if the div remains the same next month.... guess what. So if anyone has any continuing info on the the div status, that would be helpful. In the mean time... like K man, I bought a little and sold a little too.
have to watch and see what happens... I luckily sold a bit, it will be dependent if it affects the div... since I sold I will be looking for a buy in point... I have a feeling I am not alone.... will be a bottom somewhere all while many on econ boards are saying market ready to go up more. Have to keep everything in perspective... I am not sure what all the details are on the loss yet... need homework.
yes, I did the same and grabbed a few more shares at 10.38... so far so good. I was waiting for the big drop... did not happen, so did the tip toe myself.
give me a break on the bear news... if your ave is 10.53... that's not so great.. but the exclusion date is coming up and I think you can make a few bucks on even 10.53.
yes... plenty... I have been adding to my position since its lows... if you notice ORC has a monthly cycle because of its div, which is good considering the price. The question is ORC going up or down and that is likely tied to the market and econ. But in the mean time buying and selling and collecting a div can work well.
looks like we might get another up for the coming ex date... and the big question is can ORC trade in the 11's, I am playing at least this up for the next week unless something in market spooks us. My last point is, I might bail on this board... it is obvious the board is being ruined by Corsage with meaningless and relentless posts which offer no info... its getting hard to even find any posts which could offer any insight on ups or downs.
hey friends.... I thought for the last two years, or was that five years, I was about the only guy on the board... I think my pal 'greenbucks' kicked off... or sold out.... and way too low. So here we are, wondering like you... which way are we going... I wish I could feel more confidant about that but I did sell some off... I was waiting for a drop below 21, which I posted I thought that was even crazy high... so what does that mean, now crazy low, just not sure. I have been playing a bit, very little bit of buying and selling a few here and there and waiting for a sign.... might need biblical sign at this point. I think the only clue is the market in general. Lets see if the trend of up for last day of month continues... we love getting ripped off on the div.
ok, you made a bit... just pick one, what ever you like. I am still playing with ORC... and still collect div. The rule applies to anything, buy low, sell higher.
that was a great run... but nothing goes up forever,,, I bought and sold and am satisfied... remember, pigs get slaughtered. No pull back last div period... but... can we get two? I prefer both ends of the stick. Only a day or two till exclusion date.
I would look forward, not back... what happened yesterday means little on future price... yes, it was so low for a long time... but even a broken clock is right.... twice a day !! Hey, its financials could improve... who knew?
what a deal... ORC takes a dip after in the 10's, load up time, and now even higher... read the posts that are actual worth clues on trading... this board is full of waste basket material... big list ! we might get a dip here and there... I know what I will do... and great pops to make another move... I am watching for that ex date to see where we end up.... end up high. Can we go to 11's soon ? that's the next guess.
actually, I think over 10 is getting high... and guess what I start to do.. but at 9.93 or less... guess again.... you can hang on to a core amt while you day trade downs and ups. And, next week... that could all change what is high or low.. be flexible.