TSX:CUS.DB.D - Post by User
Post by
snootchybootchyon Jul 03, 2014 2:47pm
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Post# 22713965
Buy more or hold
Buy more or holdHi, First time poster here. I bought into CUS about 9 months ago at $7.40 for the attractive dividend. I have averaged down since then and have more than quadupled my initial position. My average cost is now $5.38 and had planned an exit around the $6.80 level. Like the rest of you, I'm obviously disappointed at what seems like a continuous stream of bad news from this company. My exit price seems like a fantasy now but I'm happy to collect the dividend plus the potential 10 to 20% capital gain . I've been following this bulletin board religiously and am grateful for the contributions of folks like Nawar and PM1231. Nawar, are you buying more at these levels or are you holding and waiting? The 8.5% dividend is so attractive but I don't want to keep getting suckered.