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Re: ceps101 post# 1335

Sunday, 04/29/2012 11:15:16 PM

Sunday, April 29, 2012 11:15:16 PM

Post# of 2301
Ceps, IMO we are headed back to the 1.25 to 1.5 land. Only my opinions though.

Even if the divi is cut to .02 that is 8c a year at 77 cents. That is a yield of 10.4 percent, if the divi is not cut that is 12c a year and a yield of 15%. IMO i think the institutional holders will likely move in and hold. If they don't sell for awhile simply buying pressure will run the price up. For the big boys this is a very easy to manipulate stock to turn themselves great profits for bonuses or simply to offset losses from high price stocks.

This is a NYSE listed stock. They own real ships, running oil. If you compare their losses to someone like Frontline Shipping these guys are kicking ass. Frontline is trading in the 6-7 range right now. IMO, this is a no brainer, buy it, hold it. You will win large returns in time. Just don't go thinking that you will see 8 bucks tommorrow. Be patient.

Think about it this way. No matter what, you will get paid between 1000 to 1500 per year for buying $10K of this stock right now. $10K stock at .77 is aproximately 13,000 shares.

13K x 1.54 = 20,020 100% roi
13K x 2.00 = 26,000 160% roi
13K x 2.50 = 32,500 225% roi

does not include any dividends
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