I agree with greendog. The divi is pretty sweet and they have said they will pay 85 - 90 Percent of earnings. They have a squeaky clean balance sheet and decent amount of cash.I have owned this stock for 15 years. Have seen the rise and fall. All the time reinvesting my divi. I have seen in Barons the last few months that VIVO is one of the heaviest shorted stock in the NASDAQ so i assume the shorts will be covering soon. Today there was 4 times the amount of volume on no news. I am long VIVO. It is a well run company. My only concern is competition tend to be eroding some of the market share.
I think you are correct this is a trading stock not an investing stock. i have had this stock for almost 10 years. I have Seen get as high as 7+ and as low as 1+. Unfortunately i think it should or will break out when its in the 6's. i continue to hold. then some earnings miss or some purchase of leases or some event knocks it back down to the 2-4 range.
My concern is as soon as i sell, the stock takes off to 20.