My local bank teller wanted to sell me on some really high return money investments. 2 to 5% the other day. Was he surprised when I told him I get anywhere from 10 to 22% returns on my investments. Poor kid, I think I let all the air out of his balloon after that.
I'm starting to see a lot of very good stocks starting to break down. One here or one there is to be expected. But I'm seeing it in more and more. Doesn't bode well imo.
Steve, before the close I was going to say the same thing. I believe we're clearing out sellers today. Wouldn't be surprised to see another 50cts up tomorrow.
Joe, they have maintenance to do in Sept and then again in the spring of 16. Some impact, and unless the spread increases even more than it is presently I'd expect a 60 to 70cts div next time.
Really doesn't matter to me much. I've been watching this closely now for months. Ya, they made a move that a bunch of people don't like, but the business is the business. And those Obama dollars aren't going away. Seriously think we'll see a 4 to 6 dollar day up soon.
bala, one thing, this stock can act like a bio stock once it starts moving. I think you can get a 3.85. But If it doesn't happen this week and the BDI continues strong------I'd be buying.
Hit 41 and change today. It IS time to buy this. Not sure how far it might go before year end. But a move to 50 should be doable.