Fear!!!!! Sell, Sell, Sell "J Kramer"So.... DCI managment pre-released info the quarterly results, was this a good strategic move?? Yes!! the stock has been dropping like a rock!!! Why? mis management of business, NO! Missed earnings, NO! Fraudulent F/S? No, then why???? I dont know other than when someone that is market savy and says "you got to buy this company it has a 10-12% dividend" they say, statements like unsubstainable, catch a falling knife, divendend cut, etc.
This is Fear!! of the unknown. The business hasn't changed just the yield!!!
This stocks pays out 53% of it earning and uses the remainder to reduce debt and grow the company. This is not a company that needs 25% of it earnings to drill and find new producition or fix equipment.
This is a solid substainable company with a great business platform.
Where did I come from and why now.
I have filled my boots watching fear take over control, now everyone can evaluate the press release and decide is this BreX or an undervalued company based on pre-release info. Good luck and trading, see you when the stock is back to $18.00