Come on guys. Thought this was a POS going to 20's? Don't fight the fed. Upward employment and eventual rise in rates which will benefit PAYX even better. 40's soon. Congrats longs! Long and Strong since 1992.
Baking in a dividend opens the door for a disappointment if it doesn't happen. Love the upside action and hope they blow away numbers and implement dividend and modest buyback. Also pointing out that they will continue to do more of each going forward. If that happens, major continual upside. JMHO
Long and Strong. Looking for a lot of both.
Chuck, no offense, but learn stocks. Splits aren't necessarily a good thing. We would rather see buybacks and dividend increases. Splits put more stock out and devalues your shares. Would rather have less out than more. The splits were necessary before and gives confidence and could temporarily boost prices. Buybacks and divi increases are the way to go. Lets not forget once interest rates rise, Payx profit will rise as well. This is a great stock to own for years and YEARS.
Agreed. Any sell off here will be back filled. Look at the volume today and closed at the high. If it can't break $1 and there is more buying that will signal that this stock will be listed. Then all shorts will be forced to cover. Also, this is Obama's legacy. He wants this shored up and paid off. This has AIG written all over it. Stay Long my friends, and stay thirsty!!
At least I made some coin. Very small potatoes compared most guys on this board (if they are trouthful), but a double is a double. And if there is a sell off in this market underway, perfect timing for another opportunity. Good luck. If it takes off, I'll wait till they mention they will let them recapitalize. Not chasing here. But if there is a sell off, I'll think about jumping back in.
Thought it was today? Hopefully JPM, WFC and AIG announce some big increases of both.
Thought it was today? Anyone know? I hope for a dividend or buyback announcement. This thing will pop to the 40's.
The parts are worth more. Even if they don't get broken up, still worth way more then it is now at book value. Should be 2x. That's double from here. Broken up, you'll receive all the parts and it will be worth 3-4X just like Phillip 66 when spun out of COP. Loading up big here.
If you knew what was good for you, you'd be loading up here ya filthy animals. I did. Couldn't ask for a better pullback. They will resubmit and it will be higher than it was. Heading to $60's by year end.
Buybacks in theory are good, but usually are only for hitting #'s for bonuses. Dividends give you money now, and I personally want a dividend to reinvest at these prices. I want more shares. This also acts like a buyback because I'm not the only one that wil do that. Also opens the door for dividend mutual funds and ETF's. Not to mention growth mutuals and ETF's. This has potential to be both. Those, people buying shares and acting like a buyback. Dividends are better.