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Re: conix post# 27

Tuesday, 02/11/2020 10:34:20 PM

Tuesday, February 11, 2020 10:34:20 PM

Post# of 51
Classic. I just sold mine, and the pump starts. I see it as a depreciating asset that is paying out almost as much as they are losing in value. I might buy some from time to time, but I can't depend on the dividend to be sustainable. The institutions are wishy washy, so you get big pops and you get big craters. Trades nicely if you get the rhythm.

I was hoping to see some conversion from the retail model as Amazon takes more and more of the market share. Don't see such activity, so I sold it. I won't stick around to bash it. I'll let Amazon do the dirty work.