Post by
Daytrader1959 on Nov 17, 2020 2:11pm
Up we go!
This stock is on a roll have held this for some time at $5 This should roll along up to $8 by the end of the week.
Comment by
nozzpack on Nov 17, 2020 4:12pm
What a great investment. Triple already and a double from here..
Comment by
flamingogold on Nov 17, 2020 9:06pm
Should chop it's way through up to $9. Above that there's nothing but air all the way to $12. This was $22 just 4 years ago.
Comment by
CanSiamCyp on Nov 19, 2020 11:43am
Ya it was - but with a much bigger dividend (before they cut it "biggly")! So I'm thinking that if they wish to recover past glories they are going to have to start increasing the dividend payout. A sub 4% dividend is not going to attract much attention in the market - especially given management's capital-destroying track record!
Comment by
flamingogold on Nov 19, 2020 5:00pm
Agree, to get over $12 they will need to up the dividend. For now, this offers excellent capital appreciation.
Comment by
nozzpack on Nov 19, 2020 5:54pm
Trim and lean with whacks of cash. 2 years ago this was a $17 stock. Its fundamentals are now much better than two years ago. The change is that Dr has changed its focus from being a mature. dividend earner to a growth and capital appreciation investment ...while still giving dividend income So, $17 is not unreasonable target
Comment by
flamingogold on Nov 19, 2020 6:24pm
I would be happy with growth. My target is $12.
Comment by
RJSullivan on Nov 19, 2020 5:38pm
I believe the focus has changed from being a income-driven play to a growth and consolidation play. To me, this should be more exciting to prospective investors. Increasing the dividend before growing to scale would mean less funds for growth. You want scale first.