Comment by
DanielDarden123 on Jun 28, 2020 6:33pm
RE:RE:RE:Opportunity?
Congrats on the great calls! Obviously was a value trap. Shows how investors are placing importance on dividends. Will be interesting to see if it jumps when a dividend is reinstated. Market timing is always difficult so not for me.
Comment by
DudeRancher1953 on Jul 06, 2020 12:32pm
Thank you for your post. I have been an SXP shareholder for some time and am pondering my seriously underwater position. Some time ago, somebody posted that this was a classical "value trap". They were probably right. Yet there is room for optimism as the financials have shown some improvement. Debt to EBITDA remains a concern for me. An intriguing situation!
Comment by
wallstreetwizrd on Jul 15, 2020 9:45am
lots of debt, but I am willng to risk a thousand shares on this. I remember trying to buy this at $4 something a few years back and every time I put in a limit order the ask would jump by .10, I finally juts gave up and thankfully I did. As tthe saying goes, I'd buy it for a dollar though. lol