Chris,
Is the stock going to the moon, or headed down again to the valley? Regardless, I decided to sell my holdings at 11 a day or so ago, figuring pigs get fat and hogs get slaughtered.
My original target, 12, may not come to pass this cycle.
I called the business office and talked to their investment relations people, and was told that the common stock does not pay a dividend! (That answers your 1/28 question, I guess.
So, my strategy is to take my profits now, and if it goes on up, I still have them. If it goes down to 9 1/2 or so, I'll jump back on.
The gyrations of the market are really testing the quality of stocks. This one seems to buck the trend, however, which is good. That might attract more $ to it.
Good luck,
Steve |