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Strategies & Market Trends : Dividend investing for retirement

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To: E_K_S who wrote (21951)8/11/2015 7:04:11 PM
From: E_K_S  Read Replies (1) of 34328
 
Liberator Medical Holdings, Inc. (LBMH) -NYSE MKT - Doubled up on position @ $2.33/share & 5.6% Dividend.

At current price pays a 5.6% div. Got my avg cost lower. Will sell shares at/above $3.10/share. Seems like a save place to hide while the market corrects. Stock was as high as $4.00/share but seems to be fairly valued at 15 PE. Company could get a pop in sales as the mandatory Obama care insurance is obtained. All the company's products are covered w/ the health insurance. Sales only growing 8% vs 15% the prior year.

EKS
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