After flying from $4 to $8 and dropping back down to $6.50, it would seem to be a great buy now, so maybe some day traders will take a look.. The 7 1/2% yield and monthly dividends are an added bonus
I'm hoping the worst is behind us and $6.50 will be the bottom. I don't think ISIS selling oil has any effect on the Surge. I think the drop was mostly profit taking and the dollar strengthening, which caused the price of oil to drop a bit
It's hard to say if you'll end up being right or wrong, but for 20 years there have been many card collectors who have said exactly what you said, "it's mostly older white guys collecting and shows are dying out". But 20 years later there are still lots of collectors and maybe as shows have less people, Ebay simply has filled the void. And CLCT remains a nice dividend stock with decent growth
Predicting the future is never easy and maybe you'll be right. But look at vinyl records which are more popular now than 15 years ago. Who would have thought? 15 years ago if you wanted a turntable you had to go to Radio Shack where you'd find maybe 1 model and Best Buy had none. Now Best Buy has about 10 different models to choose from and the music shows have teenagers buying vinyl; yet cd's are becoming worthless. Who would have thought vinyl records would appreciate in value since 2000 and cd's would plummet?
Is America on the decline and will more and more people have less and less money for cards and coins? Or will the economy improve and will there always be new young collectors who come
along and collect cards and/or coins? My point is I think it's impossible to ever know these answers. From the stock market to coins to cards to comic books to collectibles to most everything else it's hard to ever know which is the best investment, which is why it's smart to always diversify. Enjoy your favorite hobby but spread your money around as best you can from the stock market to gold to collectibles and back to your favorite hobby
I'm hoping this is the final big sell off and adding more at the $6.54 level. Have to figure some of the insiders or some institutional traders would start buying now
Let's hope this is it for the insider selling for September and the fall. The middle of last week saw the stock drop about 4% as these trades were executed, but the stock rebounded back above $20. Let's hope there's no more insider selling for the fall and it can hold above $20 this week and then continue to show growth and move higher this fall.
I think the stock has been dropping for a couple of reasons. 1 is simple profit taking and the other is that the U.S. dollar has been strengthening, which is causing oil to drop in price. My opinion is that profit taking and the strengthening of the U.S. dollar will both be short term negative factors and that the stock will see $8 again before it sees $7.
Crude oil is down 3.25% as of now. The dollar is strengthening which is why gold, oil and other commodities are having a bad day. I agree with you to add some shares of Surge now
I think it's bad for both, which is why the article said, "And it could be detrimental not only to current treatments, but also to future vaccines that are in the works. "
This is terrible news for Tekmira if it really is mutating. It means that their drug might not be effective. Maybe this is why it's dropping today. What Tekmira wants is for this not to mutate so that their drug becomes the drug of choice to treat ebola
Almost no one knows about this company, which is why the trading volume is so thin. Most investors have focused only on American natural gas companies and have no clue that the Canadian government is eager to allow their oil and gas companies to begin exporting to Europe and Asia. But the stock has risen from $5 to $8 the past 5 months, while paying the hefty 7 1/2% dividend yield; so we're doing just fine without the day trader gamblers
Earnings report looks solid, but we'll see if it moves the stock much. I hope it jumps, but I don't think it will move much.
I'm really not good at day trading, but have done well with Surge, so now I'm thinking I better quit while I'm ahead and to not sell anymore, but instead to just hold all shares and maybe add some shares on the occasional 4 or 5% dips. Reinvesting the dividends into shares is also helping. The strong dividend has 1,000 shares adding $50 or about 7 shares with each monthly dividend payment. This company is hitting on all cylinders even though so few people seem to know about them.
Sentiment: Strong Buy
Trying to discuss the stock with you is difficult cause you're in love with the stock and the company to the point where you just rationalize that anything negative is somehow okay. It sucks for shareholders that the company releases less than 3 or 4 positive articles a year. Pathetic really. And if the market has a major correction then most who own it will be losers, while the insiders cashed out of millions; all the while doing next to nothing to help or attract new shareholders. I'll continue to hold for a conservative play; since it's smart to have a certain % of the portfolio in safer holdings, and for the excellent 6 1/2% dividend, but remain discouraged at the lack of anything positive ever reported by this company. And you think it's good that they have NEVER self promoted?
You have trouble anytime someone posts honest criticism of the company. But that's what message boards are for. The company is pathetic at self promotion and many of their best numbers have to be researched or discovered, instead of being released to the public in news articles. Most companies with low volume do some self promotion at times to create interest.
The insiders get their free shares and then sell them which leaves CLCT heavily shorted and makes CLCT a dividend stock for the most part. I bought a fair amount of shares early last spring but have added shares only once due to the insider selling and the non-existent pr department
Yeah, I agree the insider selling was used to raise cash. The insiders sold shares to buy bigger and nicer homes and to add more coins to their collection. CLCT ought to hire you to promote the company since they appear to have no interest in actually ever doing anything to help their share price. Why do potential investors have to come to this message board to find out that CLCT is almost cash flow positive?
On a positive note, I think CLCT will continue to pay the same strong dividend and I also think it will head towards $25 if the insider selling disappears in September and the earnings is decent. For now the stock market is booming and there are more exciting plays, but when the markets cool a bit and on even and down market days; I think conservative dividend stocks like CLCT are more likely to gain. I don't think this potential law suit has much merit, but that's also something to watch for
with increased volume. I think Surge and a few of the other small Canadian natural gas and oil companies have been helped in part, by the continued lack of natural gas export licenses that have been issued by America. I think Cheniere Energy might still be the only American company who's been granted a natural gas export license and Cheniere has risen over 400% the past 3 years. The faster Canada moves on exporting
natural gas and the faster they squash any environmental blockage, the better.
I think what controls the action is the complete lack of any enthusiasm from the company itself. What controls the stock is the lack of any trading volume and this is due in large part from the lack of any positive news. If a company has a lot of positive news, but rarely releases it, then the stock remains unknown to the masses and has limited upside potential. And many shorts would cover if the company actually promoted their stock. Despite the pathetic way the company releases any news pressings, the stock has done okay.
As I said, many of their best numbers go unreported. In fact without many of Dbtunr posts, most of us here; would have no idea how well the company is actually doing. Growth is strong; yet it remains heavily shorted due to lack of insider buying and lack of any positive press releases. Basically CLCT has been doing very well, but is limited to being just a nice dividend stock for now.
Heading towards $8 and paying another monthly dividend in mid September of over 7% again. An excellent stock, with huge potential, that appears to remain unknown to 99% of the investment world.