GREY:WFREF - Post by User
Comment by
straightbullon Dec 08, 2014 5:55pm
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Post# 23208131
RE:When to start a position on LRE?
RE:When to start a position on LRE?I reiterate.....start a position in LRE on the day they announce a dividend cut.
Original post was when LRE was $2.40, now at $1.42.
With the current downward pressure on oil price, one may be able to buy LRE at close to a buck when the dividend is cut. This would be a tremendous bargain. Patience!