They dropped the dividend however from what it was last year this quarter. There distribution varies by each quarter.
This is a good buy now at this price as it bounces around a lot. The dividend for the year may be less than 9% but not by too much
I only see positive signs up ahead as everything they are doing is meant to improve their situation. It takes time to see results though. So being the hero that I am I bot 3000 shares this morning...
Lets see if I can make sense here.
If you are holding it until you get even doesn't it make sense to pic up a few more thousand shares at this discounted price? You will be amazed how fast you will recoup your losses when it gets back up to $4-5 range.
You may not be too far off hawk however I would add a little twist.
I suspect drones will be used to deliver items to designated locations e.g warehouse, heliport or predetermined collection location. No way will items be delivered to your house.
I will take it a bit further. I wont be surprised if a document will be delivered to a roof top pad in a business area. Looking for building codes to catch up with the FAA to clear things like this.
However I am not sure how the regulations will get around one of their prime constraints on the drone proliferation and that is the drone has to be visible to its operator (within line of sight),
GBX and rails are not going away...
Nothing wrong with buying now at these prices which are 40-50% lower than my original holding prices. Then selling after a week my old holding and harvesting the losses???
Typically they would have been allocating that amount in their budget. if so it shouldnt have an impact. It could have a good impact if the settlement amount turns out to be less than they allocated.