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Re: OldAIMGuy post# 46271

Saturday, 11/19/2022 2:18:41 PM

Saturday, November 19, 2022 2:18:41 PM

Post# of 47132
I have one position that has dropped significantly and has the potential to become a really deep diver.

It has been hurt by rising interest rates and a questionable acquisition. Some of it's maturing debt is coming due in 2023 and will have to be refinanced at higher rates. It has had a good dividend record but some observers think that it is only a matter of time before it gets cut.

It has dropped from a high of 22.50 to a recent low of 9.89 and closed at 10.28 on Friday. 2010 low was 3.40.

My next AIM buy is at 9.48. I will be following the plan as I believe the longer term prospects for this company are good.

Fortunately, some of my other positions have performed much better and are offsetting some of this downturn:

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