I think this stock has more upside. And if they continue to peform the same for a few more quarters, they will most likely go back t double digits quarterly dividends. That would attract more buyers.
In the retrospect, it confirms their faith in business strategy when they turned down unsolicited low-ball bid of $7.5/share. there were many posters here who were disappointed in that move as share price lingered in low single digits for quite some time. I am glad I did not sell in to that. Now it is shining like a star in my portfolio. I will consider selling some in to 20s mainly to keep it from becoming big part of overall portfolio.
There was some talk about limiting water for irrigation in California due to severe draught. Will this have impact on UAN due to this? I am long UAN for quite some time and enjoy the dividends but pps has been all over.
Sure. I think there will be bloody battle between Google. Michael Kors holdings, Walmart, Exxon-Mobil, Facebook, 3M, Abbott medical, Aetna and many others from S&P 500, DOW Jones 30 and International behemoths buy this Krappy poop. the offering price will eventually rise to $1000+ . Also all this should happen tomorrow, not two weeks. New CEO of Microsoft will win the eventual bid for Krapper and Microsoft board will immediately replace new CEO with Eric DeSucko. Now that may take a few months.
Keep dreaming and DeSucko will make sure you never come out of your dreamland (a la Pics).