GREY:WFREF - Post by User
Comment by
specboy2011on Oct 06, 2014 10:16pm
245 Views
Post# 23004548
RE:RE:Forgot to mention that it doesn't help that
RE:RE:Forgot to mention that it doesn't help thatLRE has a 20% payout ratio..Very low.They started divi at 3.25 a month then raised it to 3.5.One has to look at the big picture.All oils gas getting creamed. Funds selling or buying do not really care about the company.Just a name with a dollar amount........Screaming for a update or whats maybe wrong is ludricous.They are just as disturbed and wondering WTF is going on............As long as oil gas prices stay in the ranges the money keeps coming in....Mentioned before but look at TLM,LEG,ATH,TBE and most other oil gas stocks.Most are bouncing into new lows like LRE.......Sucks to be holding LRE from 5 or higher...Need a lot of divis to get back to even