Awesome; since I started buying CFP again in May, my average buy price has been 4.65; share price now is 4.36; that is a loss of 29 cents, but I got paid out 30.92 cents over the past 4 months, So I am ahead a whopping 1-2 cents ! Which is a 0.25- 0.5 % return in 4 months ..... You see where I'm going with this ?
"stock price recovers back to the level from which it dropped."
Have you ever looked at a chart of CFP, then you would realize that isnt the case. Prices making newer lows, and lower highs . Prices used to have support at $ 15, 13, 7, 5, and so forth ...
Just keep drinking the coolaid .
Getting soooo tired of hearing about the 'distribution rate' or yield, it also had that yield when share price was $ 9 - 12. It will also have that rate when the share price is $ 1.00 and annual distribution is 0.20 .
WHY a short attack ? ? ? And why was it done to CFP ? Shouldnt this be happening to CLM which will supposedly have a RO in Oct, or Nov. ? ? ? Something is very wrong here, AGAIN ! !
I did; bought on Sept 5 for 13.35, sold yesterday in pre market for 15.56. 16.5 % return in 2 trading days isnt bad .Which means it will now likely go to 17 or 18 .
Always interesting to see how some people have unlimited amounts of cash to buy more, and more, and more whenever the price crashes ............
Nice to see that it also touched the 200 m.a. about a year ago and then resumed a huge uptrend Only problem is, in 9/2013 it didnt actually touch the 200 m.a. and now it has dipped below it
Heard/ read that about 500 times