TSX:CSH.UN - Post by User
Comment by
Nutrimenton Nov 26, 2008 2:19pm
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Post# 15612041
RE: Insiders buying
RE: Insiders buyingI could not agree more. At $3.60 the dividend yield is over 20%. They already said they have enough money to cover the dividends for 2008 and 2009. I know anything could happen, but let's say that they stick with the same dividend over the next 3 months at a minimum and the stock does not go below $3...you can't lose. The stock seems to have stabalized in this range and the dividend should remain safe....
Than again, there a few stocks out there that have the same sort of upside...look at HTE.UN...if that goes back down to the $10-$11 range, it's a no brainer, like CSH.un at this range...
Do your DD.