OTCPK:TNGZF - Post by User
Comment by
Backwardbladeon Mar 21, 2016 4:08pm
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Post# 24684984
RE:re: divy
RE:re: divyI am not really worried about the divy either. But having the share price "stuck" at this price for the last month or two isn't a bad thing either. Hopefully indicates a good base. With oil bouncing around, and the VRX/CRX drama unfolding, not to mention the Bankers issue today, this (rut) is a good thing. I really don't mind waking up to what is turning out to be a very consistant .69c bid every morning.
As each deal proves to be accretive then so to will the share price. I still see this as a dollar sometime down the road. I just wish I had have doubled down in the .50 range. But I rode it out and over the course of the last year the dividend has almost paid me back enough to make up for the 8c I'm behind as of right now. That's pretty good I think. If it keeps doing that and without losing to much money on any one deal that will prove out over time. And with it's penny stock status, you can expect some sudden jumps with a 10% annual gain as a baseline.
bwb