Replies to post #809 on insane dividends

[fung_derf]

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.