Haven't heard from you chuck - I agree with sitting tight and collecting divy's - bought another 1k @6.27 pre mrkt - the shorts are happy today for all the panic selling - one nutty article from SA and wham - seems too many people aren't investers / they are traders or is it traitors??
never posted here, but with no bad news on the call, I took on 2k more shares at the bottom (6.61+). The divy looks good for the year with upside stock appreciation.
I like it - I'm in at an avg of 6.84 for 5k - I think with this news we might hit the 7 I suggested by late next week-\\PS don't support the bashers - they make money if you do
jhsjhs66 - type -- are pump and dump paid - in google or yahoo search - it will give you several articles on paid pump and dump - these types are either paid in monies or given stock so they can manipulate the rise and fall
This isn't even worth a reply, but - a 2 cent reduction in div is 25% - a .01 reduction in div is .125%
Please Please Please - people like the V and all the alias' get paid by replies - It stands to reason why he keeps posting, because he, his friends and all their alias' get paid for it - please just put on ignore or report aabuse and let's focus
here is my rationale - you have to evaluate yours -
I bought 2k share to average down to 6.84 - I keep the stock, even if it goes to 6.50 - I accumulate div of .06 (if it lowered to that and stays there for a year) - 4k x .06 x12 months = 2880 in div - this means I have a vested share price of 6.10 (6.84 - .72) - if stock is still at 6.50, I still make1600 or 6% - anything above 6.50 is extra - I like the bet - let's hope it goes to 7 or my previous outlook of 7.50 - if we just didn't have to put up with the paid dumpers
No - What I am saying and not trying to mislead anyone 'cause everyone has to do their own DD
I like the stock no matter if they cut the Div - I think it is a good stock even if they cut the Div and the price hovers around the 6.50 range - I don't own a lot (4k), but I am holding it for at least a year, unless something drastic happens - and if their are some people who don't like the honest comments - well that is your choice
Hypothetically - Let's say they cut the div 25% to .06 per month - Let's say the price drops to 6.50 -
Based on this - you get .72 per year or 11% yield if not reinvesting the div - I like 11% on any stock, especially one that looks stable -