OTCPK:JENGQ - Post by User
Comment by
teshon Sep 18, 2012 10:03pm
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Post# 20383000
RE: RE: RE: RE: JE; Poised for a Pull Back
RE: RE: RE: RE: JE; Poised for a Pull Back aclj, just get used to this kind of movement with JE and appreciate the monthly distribution. You will lose a lot of sleep if you get too concerned about the day to day movements. I personally don't believe that it is has anything to do with any undisclosed bad news. If you are losing sleep I would suggest that you reduce your JE holdings and invest in other undervalued yield stocks that may not be as volatile as JE. Whatever you may leave on the table with any partial divestiture of JE you can gain back by investing in what you would consider undervalued yield stocks. A lot of the quality yield stocks are fully priced but there are a few that have been hit as hard as JE. Two that I can think of (and which I have invested in ) are CLC (which just held a conference call regarding their growth strategy - it is archived so you can still listen to it) and IBG. Remember to do your due diligence rather than just take my word for it.