Why couldn't I have grabbed some stock at this price on Friday? I am going to get some more today and am hopeful about the future, but still worry about their environmental subsidiary throwing a wrench into the works. I still have nightmares about their foray into the demolition business.
Yes, I put an order in and filled part of it before the price kept moving out of reach. I modified the order and the same thing happened, filled part and moved up. They we're limit orders and I did not want to chase the price, so I waited and it came back and took out the rest.
I bought shares a few years ago and held as they went up and down, also. These guys screwed up with the demo businesses and I hope they don't do the same with the remediation businesses. I don't know why they can't stick with what they know. I bought more today and will keep buying if China doesn't bring the whole market down, in which case I will buy more after the dust settles.
You are probably correct as they have stated they want a three pronged strategy; increase business, increase dividends and buy back stock. They have been buying stock back like crazy, increasing revenues and they have yet to boost the dividend. I would prefer that they buy back more stock instead of raising the dividend, but I think the dividend will be raised soon. Good luck.