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Re: TycoonSoon post# 81

Thursday, 07/30/2009 10:53:00 AM

Thursday, July 30, 2009 10:53:00 AM

Post# of 93
I see.. I'm not sure where it will go from here.. I don't think it will go up much further.. I think it will probably stay or actually go down from here since revenue is shrinking and the fact that they keep paying fat dividend (I know this is kind of non-intuitive, but they pay high dividend now but later they migh tnot be able to pay this much and also they are paying out most of what they earn signalling that they have no other better use of cash for growth for example. just my opinion)

I'm actually thinking several times to sell (and just book the profit) but I'm still in, as the dividend is very tempting.

I got in most of my shares at $6-$7 range more than a year ago, and have been getting dividend for more than $2 per share since then.. in fact , this is one of my best performer this past 12 months (including the dividend return)..

Thanks,

Stan