GREY:AVNDF - Post by User
Comment by
1nv35t0ron Mar 27, 2013 5:31pm
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Post# 21177157
RE: RE: RE: Ex-date?
RE: RE: RE: Ex-date? I'm a big fan of your posts so far Tris, I can tell your very well educated and have done your DD on this arrangement. That being said, this puppy is not going to "pop" to $5 anytime soon. You might get a lift if they raise the dividedend and commodity prices further improve, but this puppy is gonna ride at 12% yield (like so many other JR div paying corps) until they can prove their model is going to work. JMHO
I dumped my position in CHX and AVF first thing this morning on the over reaction and it is down 5%, where it should stay for a while... I think
I hope the SP continues to rise, but I was just in it for the trade.
Good Luck to all!