EXPM:EGRGF - Post by User
Comment by
PUNJABIon Oct 10, 2014 3:04pm
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Post# 23019737
RE:RE:RE:52 week low & Over 20 % div yeild
RE:RE:RE:52 week low & Over 20 % div yeildWIth div of about 20 % both EGL & PLT do offer trading oppurtunities. Low volume is an issue. The stocks are trading at 52 week lows. Downside is relatively limited. The monthly div is around 1.5 to 1.7%. per month By trading the swings a few times one can multiply the monthly return. During correction it has to be pull back trading. Looks like PLT is range bound anyway.
Bought & sold both today. Would like to trade them regularly for a div trade but the volume is very low. Has to be a few thousand shares trade. Not enough volume for block trading.