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.
Stock will go back to $20 when it's reported that an American has ebola. A horrible disease and hopefully Tekmira is working day and night to mass produce the drug
how do you know the crisis will worsen? I'm not saying I disagree, but want to know why you say the crisis will worsen
CLCT continues to do okay and remains a solid dividend stock. The addition to the Russell 2000 should bring in more and more institutional shares. If the insider selling stops, then the 10% haircuts should also stop and some of the short players will begin to cover; unless there's something else looming that we don't know about.
Where can you find this info? I've read the news articles links on the heavy insider buying but Yahoo doesn't give out the insider transaction info. Today the dividend pays out again and it's about 7 1/2% and they announced that September 15th they keep the 7 1/2% dividends coming
I know there's been news releases this spring and summer that have outlined the large insider buying moves; including very large purchases from the CEO
An hour into trading on a Monday morning and the stock has 0 volume. Incredible how a stock that's risen more than 50% in 5 months while paying a 7 1/2% dividend, has so little notice.
The only thing that stands in the way of Surge are the environmentalists, but the government and country are mostly positive on exporting natural gas and oil, so Surge should remain a great stock to hold. I've been holding a lot of shares and then taking some of the shares and selling on the pops higher and buying back on the dips. About 80% of my shares are strictly long term hold--that's my strategy for now
Are the numbers increased because of Asian markets or is this the American numbers for certified coins in America for this year compared to last year? More specifically, are the American numbers having a sharp increase or is the sharp increase a result of the Asian markets gaining interest?