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tk...I have owned this stock for 3 years.

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longmike2 Member Level  Sunday, 03/12/17 11:01:42 AM
Re: tk5010 post# 356
Post # of 377 
tk...I have owned this stock for 3 years.

take a look at a 3 year chart, once the ex dividend date is past the stock drops and folks sell off. It will rebound again towards May when the 1st qtr fins are out. They have new business and less employees so the numbers should be better then last year. The annual dividend is mostly based on their profits, as the qtrs. are released you can get a sense of the dividend amount. 2016 was a bonus year for us because the Divi was much greater than the overall profits.

MNDO is a cash cow and is a undervalued and unnoticed stock. Each year I purchase stock once I see bottom...last year I got stock at $1.97....at that price the 2016 dividend is 16 percent plus the appreciated value of the rise to $2.90

The CEO is very sharp, she cuts costs and manages a very tight business model. Be confident and patient, the stock will do well.

study the chart and see the trends, it will tell you when to buy or just follow my post...it will let you know when bottom is in.

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