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Politics : BuSab -- Ignore unavailable to you. Want to Upgrade?


To: mph who wrote (719)6/15/2009 4:35:45 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 23934
 
ohhhhh, I like ACAS. Very nice bottoming pattern.

my father in law asked me to look at IPXL and it looks pretty nice...but with limited potential if you look at the history.



To: mph who wrote (719)6/15/2009 4:46:20 PM
From: Patrick Slevin  Read Replies (2) | Respond to 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.