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Politics : BuSab
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To: mph who wrote (719)6/15/2009 4:46:20 PM
From: Patrick Slevin  Read Replies (2) of 23934
 
I tend to put Hi-Yield stocks into my IRA. I looked at ACAS but never bought it. Can't comment.

A few months ago I picked PGP between the mid-High 6 and High 7 dollar range and have ended up with a Yield of just over 30% annually.

I fully expected the dividend to get cut but it hasn't. At today's price it still yields over 17.5% and provides a monthly payout.

I like the chart a little bit better than ACAS, perhaps because ACAS just declared a large dividend for August. What happens after that is anyone's guess.

Of course, PGP could still cut the dividend. I thought I would mention it only to illustrate another possibility.



EDIT

Here's a monthly chart, if you like candlestick stuff.

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