Please read comments under Legal action post .Trust me I have seen this before on mergers and it simply goes away with no bad karma.Also be prepared for a good drop in price when the Fed ups the rate-- it might seem awful for a short period but I feel confident that the dividend will be secure and if you purchase on the dip your divvy percent will be that much higher. The company is strong and seems to have a good overall plan that constantly increases the dividend. Relax and enjoy the ride.
I bought this stock a short time ago with an average price around $25-I bought it for the dividend figuring it was a strong company and safe dividend. I almost doubled up at $20,$18,and this morning at $15--now looking at $13 and change it has caught the eye of other investors on this board as well as myself- Not really concerned about the stock's price but very concerned what will happen to the dividend. A good dividend will ease the time it takes for the stock price to return-- a poor dividend will just add more pain
I'm a newbie to the oil industry having bought this stock a few months ago at around $25 a share-I want to double up since I know that eventually there will be an upward cycle in the industry but everytime I think there is a bottom it sinks again. Your message adds some encouragement but on the downside there are huge decreases in the number of permits for oil and natural gas drilling-in particular fracking and horizontal drilling. I'm wondering now how low can this stock go especially if there is a decrease in the dividend?
Very well put-when I first purchased OHI around $11 a share it was my least favorite Healthcare Reit since it was concentrated in only one area of the industry while my other REITS were spreading out in differnt areas. . In particular acquiring Medical Office Building seemed to bolster the bottom line while providing a safe haven for many of my REITS. As I waited for OHI to diversify-- the price and dividend just kept on growing. I stiil worry somewhat about the eggs in one basket concept of this stock but I guess if your good at what you do there might not be a reason to venture into new areas.
Like you-nothing in depth added to this board now other then support for the stock and it's management.
Some time in 2015 the Fed rate will increase buy a few points and we will take a good hit BUT we are getting 5.5% divvy so not much to worry about--might be many years till the Fed rate gets anywhere close to our divvy rate.
Without buying ,selling, taking div,buy back,sell more ,buy more--this stock has increased in value a solid 7% since your Oct. 31 message-just wondering if all of your activity around the divvy date has increased the profit percent taking into account the fees and taxes etc. I only bring this up because it seems to be a pretty common play by many investors and I just wonder if it is worth the effort .thanks
I guess the thinking is that with the decline in oil prices the demand for CCLP products will not be in demand.--ok I can accept that BUT we are talking about a MAJOR drop in the stock's price and I'm wondering if there is some additional info out there that is adding to the decline.
Maybe I don't purchase enough shares or maybe I'm missing something-Gentlemen you seem to be talking about a 30 cent spread from $7.70 to $8 give or take a few cents. The way I look at it-for every 1000 shares I buy I need to invest around $8,000 to make around $300 profit at sale -minus stock fees and tax. The equation looks better on paper at 10,000 shares but I'm not sure how many individuals would invest $80,000 to make $3,000 profit. If you just buy and hold then it's a great investment with the divvy but it seems to me individuals are flipping for a quick profit. Please shed some light on this. Thanks
Thanks for taking the time to list your opinion on day trading but I think I can speak for the majority of shareowners that the slight price movement in either direction is not much of a concern provided the dividend remains near it's present level. I would think that it was the divvy that drew the attention of investors and capital growth would be a nice bonus.
OHI have been very strong with their dividend increases--you pick up plus 1% ( 4.5% to 5.5% ) with your new OHI shares
Good time to buy--collect almost 5% divvy as you wait for it to be bought by one of the Mega REITS.
Don't expect to gain more then 15 to 20% on the merger price
Looks like the same valuation now as when you posted in August--I don't consider that a bad thing as long as the divvy remains around 11 %
RAD--Any time you are not sure of an entry price you might consider dollar cost averaging-spread out your purchases over a specific time period.
Nice to see DOC hit a 52 week high-not expecting too much more up movement at this time-divvy looks sound--very impressive board members. Looks like a good solid stock with growth potential down the road.
Nothing wrong in taking a profit on both stocks. Question? What's your plan in replacing the 4 to 5 % dividend that they provide?
Thanks for your info-I only bought this stock in mid August-liked the industry and the dividend-so far it has been a roller coaster stock for me with double digit movement to the plus and negative side and with little regard for the Dow-today on Oct. 23 the Dow made a monster move to the plus slide and GSJK slides to the negative.Not really concerned since I own Healthcare REITS that show this same behavior at times-company looks strong and dividend is generous and also appears strong. In the future I think I will be pleased with this stock but I agree with you that there will be " bumpy times."
Not sure what lists you are looking at but I always look at who the Major Holders are and when I see Vanguard,Blackrock,Fidelity and a few others listed I feel somewhat secure in my stock choice since I generally trust their research departments . I've owned NYMT for only a year but so far I'm pleased --looking at DX which looks good to me in the early stage of checking it out.
What difference does it make if the stock is at $7.50 or over $8--I'm sure everybody is here for the dividend- as long as the company is strong and the divvy secure I am not too concerned if the stock floats around a 10% boundry.