RE:DIV breaking outTommy123 wrote: With the market starting to head back up, hopefully DIV can get to $4 by the Spring. I also think that the S&P might head to an all time high in the next 12 months based on how all of the bad news with interest rates appears priced in, and the WSJ leak from the Fed about how they're just about done raising interest rates. Plus the bond market is signalling that rates will fall again next year.
Shame that DIV will likely lose Air Miles soon (Loyalty Ventures plunged again today), but the market doesn't seem to care at all judging by DIV heading higher daily and close to breaking out.
I put $5000 in anouther royalty that I feel has better runway for growth on both ends, and will look to exit here if this goes back to highs with a stop that follows momentum (hopefully not missing too much of the peak)
I see no path at the moment for this touching $4 this year, hopefully I'm wrong, but what's left for growth will be a slow grind. They are going to keep setting record for revenue, but it will likely be small gains from bumps when contacts are triggered upwards.