OTCPK:CUUHF - Post by User
Comment by
mousermanon Mar 23, 2017 9:54pm
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Post# 26023728
RE:SOX making a move
RE:SOX making a moveSOX broke thru the 6$ threshhold again for the second time in a week. Looks good to remain above these levels for 2017, what with the huge backlog of work slated for this year and beyond. Getting close to the ex-dividend date, and buying could get a bit more aggressive , with a very generous dividend on tap. ( approx 8% annual) Short position still quite high as of the last report with about 6.3 % of the shares being shortsold. Close to the dividend date they may want to cover, so as not to be responsible for paying the dividend to the entities they borrowed the shares from.
SOX.to could get some serious legs in the next short while.