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BuyMyAsk

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BuyMyAsk

Re: BuyMyAsk post# 2558

Wednesday, 06/23/2010 3:10:23 PM

Wednesday, June 23, 2010 3:10:23 PM

Post# of 5205
If you buy in now at $30 and they reinstate the divided of $3.36 annualy in 2 years you will take on a hefty 11% yield per year form the dividend. Plus the appreciation from the stock going up which it would if they were in the position to reinstate the dividend.

If there is any company that can weather the storm financially it would be one of the most profitable companies in the world - BP LOL..

I have no position but am looking to go long at $25 - $28
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