Post by
CJInvestor on Jul 28, 2022 2:49pm
Possible elephant in the room?
Everyone is giddy over all the prospects for cj this earning evening. However what happens if they do not increase div or share buyback? Are we headed for a 5-8 percent correction tomorrow? I just want to better manage expectations here... what is the worst case scenario and most probable case scenario?
Comment by
Moremoney4u on Jul 28, 2022 2:58pm
My experience has been, when the news comes out it goes down, maybe three days, and then moves up. Everyone is expecting good earnings, GREAT EARNINGS, will BLOW THE ROOF. Either way its still a great company with a TON of potential. Waiting for the 10.75 mark to happen, TARGET PRICE IS 10.00 to 12.00 $$$$ dollars.LOAD UP THE TRUCK.
Comment by
TheWokeLemming on Jul 28, 2022 3:32pm
Its possible there is no announcement increasing the divvy tomorrow, but we are into Q3 and debt is close to the $50 million mark. I suspect at least a timeline on when a divvy increase announcement is coming.