better luck this time...
I bought this stock last fall at $12.30, exactly 1 day before the bad quarterly report that sent the price tumbling down to the mid $10s. Bought some more to bring my ACB down to $11.68. But I felt really crappy about the purchase, so I sold in bits and pieces over the next couple of weeks. Net result = I nearly broke even on my initial investment.
But I still really like the stock (> 9% div, P/E under 15, low beta). Kept watching and waiting. Finally I just couldn't resist jumping back in. Bought back my position today at $11.68, exactly where I was before. But this time my timing should be much better...I hope!
Anyone have any insight long-term growth with this company? Short-term, I know the upcoming Q is historically their best, so here's hoping for a pop back up to $13!
Good luck to all longs,
gvixid