OTCPK:JENGQ - Post by User
Post by
longondmxon Feb 11, 2013 9:12am
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Post# 20967608
Poised to open lower...going to $7.50-$7.89
Poised to open lower...going to $7.50-$7.89 So Bakken, who was right?
At $6 per share the $0.84 dividend will reflect a 14% return (as was the return prior to the announcement). I suspect the shares will languish somewhere in the middle of the two prices ($9.78 + $6/2 = $7.89). $7.50 will be a great entry point...I'll see you there by the end of the week.