RE:CheerleadingThe high is the last two years was $84.33 and you paid higher than that, sorry to hear.
On the plus side, you have received $14.46 in dividends over the last two years which should ease your pain somewhat. That is 17% on an $85 ACB over the two years, not sure what your ACB is.
Unfortunately no NG company has control over the world prices they get for their products and you bought during the high commodity prices and are suffering during the lows. This to will pass.
The recent low was under $54 and if you believe in the company and the future of NG it would have been a great time to pick some up and reduce your ACB. I belive the price will drop to under $57 in the coming months providing another great buying opportunity, contrary to some recent predictions.
All IMO.
Tslayer wrote: Awful lot of cheerleading and back slapping over this stock but I've held it for 2 years and it's been nothing but a huge disappointment. Sure it's paid a small regular dividend and special dividends but 2+ years and I've never been out of the red. Investors considering this stock should do their own research and not base any decision on these forums.