InvestorsHub Logo
Followers 247
Posts 112275
Boards Moderated 15
Alias Born 08/30/2001

Re: Guitarmanlife post# 809

Monday, 10/22/2012 2:31:15 PM

Monday, October 22, 2012 2:31:15 PM

Post# of 1208
It is below any support lines and trending lower. It needs to get above $11.72 currently to show any sorts of strength.
Their company is in the sell energy for less industry. The only thing they've got going for them is price. If someone undercuts them, their profit is cut tremendously. Or, they are forced to recut their price and start over again. Their growth projections are lofty and incredibly subjective. A 12% dividend is lovely, until the stock drops 20%. JMO, of course.
P.S. you have to screw with the 15% Canadian withholding tax also.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.