You hit it right on the nose. But with yesterday's news of Tor Troeim leaving the bod gives a slight pause to some. Volume yesterday was 4 times the avergae volume. It dropped almost 7%. I plan to add some more next week, but this time I might use an option call because it is sinking unusually fast. They have said the dividend is secured through 2016.And like you said cutting it 50% would still make it a top seed. Which if there is a cut....more people would leave.....the price would drop...and another chance to add more.If you are long term, it is a buy,but if you are short term it is not.
SDRL is dropping on Russia and downgrades from analysts. Their dividend is ok till at least 2016. And even if they cut the dividend by 50% it is still a hell of a dividend. And at this price.(30.24) a fantastic buy.
Ok...how many of us can afford a $90,000 car? Not only do they have the application to help paralyzed walk...but they also have a combo sedgeway/whellchair that will assist those who cannot stand to be used around the house so they can stand up. They have a working model of this and should be to market with a 1 1/2 year. Items like the robotic to help walk but the combo item are tools that will eventually be paid in part by insurance and or medicad/medicare. Soon...Tesla will be off of gov't. subsidy and we will see what happens with them. And by the way...tesla took a huge loss today. First of many to come.
Spinoff the private label at the right price. Makes sense; although I personally feel it needs more time. Spin off some selected brands ( which I favor...the chef,etc.). And add a natural/organic food comapny like BDBD or buy Chobani as an example.
Sold my holdings. Enough was enough. I came in at 2.28 and left at .76. This company may rally yet, but I did not want to take a chance anymore. Enough is enough
Sentiment: Strong Sell
Meanwhile...it closed down again on the otc at .8673. I am optimistically pessimictic about this stock now.
Is GSFVF playing limbo rock? How low can it go. Down personally 61.49%. I am averaged at 2.28 a share. Am I seeing the demise of a company or the start of something big?
Saw that segment too. I think he was trying to rationalize why all the packaged food companies are in such a rut. K,Mondelez,Kraft,etc. He has a professed attachment to the organic/natural food companies. As much as they have grown in recent years,those food companies cannot get over their biggest hurdle; price. Yes, I see the ingredients and cannot pronounce half the names of those but, they will feed more of the world. Besides, just because they are organic/natural the nutrition level is the same. And a lot of them do use "chemicals" in their processing. It might boil down to whether you want no growth and high dividend or high growth and no dividend.
Hate to tell you folks. It's not Rodkin...most of the packaged food cos. have gone stale. The food industry itself has started on a new path. Organic and natural...going away from packaged foods. And people are eating out more then ever before. Slow or no growth is also happening in sectots that contain PG,KMC,CL, and the ilk. Everybody is so enamored with cos. like amazon,tesla,chipolte...high growth companies with no dividends. CAG has a 3.5% divy..don't ever forget that. There is a shift going on in the food industry..let's see how the new ceo whoever that will be decides to handle things before you condemn CAG to its deathbed.
Unfortunately, most overseas equities (at least the ones I follow and own) have dividend fluctuations. VOD,UL,UN,etc. Not to mention almost 85% of RRST is insider owned. Buy back would be interesting.
Glad you brought that up Too. Have a small cap Israeli company called RRST. Pays divys but, they don't reinvest. Paid in cash; maybe because of the cap size. Was 5 cents a share but next one in August will be 2 cents a share. Have ESLT on my watch list. Because of recent action in Gaza, they have held up with their products. Might take the plunge.
I think some of the sellers should calm down and watch one of RRSt newer products...DogTv. It might calm them down. But,it has created an oppurtunity which I will take advantage of now.
Meeting was supposed to start at 11:30 and was delayed approx. 45 minutes. Reason wasn't stated but it appeared to be a board meeting. For all the board members came out all at once. For the officers of the company were already seated and waiting. They read through the proposals. If you hadn't voted by proxy yet they had you fill out the ballots. 2 people turned in their ballots (idiot me was one of them) and then they announced that the results would be released in 3 days. Meeting was over and done with once it started in 20 minutes. Good luck to whoever won. They got their work cut out. At least they didn't cut the dividend.
Going to the meeting on Tuesday. Have never been to a stockholders meeting before and should be interesting. My opinion; at least so far is that in the short term Casablanca would be better for CLF ( and short term to me would be less then 2 years) and in the long term the current regime would be best. But the ultimate decision to me is the price of iron ore and the question is where that will ultimately end up. A higher price benefits the current regime and a lower price benefits Casablanca.
I don't know that answer but, I do know my shorts are on fire from the dropping of the price.