Post by
BIGMONNIES on Nov 11, 2022 6:41pm
Dividends
Only a dividend will stabilize the SP. MEG is too volatile for most long investors. Too many day traders trying to time it. I admit I have been one of them and have made a lot of money off MEG. I have been stuck below my ASP a couple times but am very reluctant to buy in at higher prices. I missed a couple ramp ups but this stock has been relatively easy to time IMO.
Comment by
Renofund on Nov 12, 2022 12:08pm
Dividend names have been volatile also.
Comment by
HighOctane89 on Nov 17, 2022 2:17pm
I must admit to doing a little daytrading myself but this market requires it . MEG needs to close above $19 today or tomorrow will be ugly . Don't hold your breath waiting for a divy here , it will be another year before MEG considers that .