GREY:TBTEF - Post by User
Comment by
konzelmannon Jul 09, 2015 10:53am
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Post# 23907050
RE:RE:RE:RE:RE:RE:RE:Almost comical...
RE:RE:RE:RE:RE:RE:RE:Almost comical...
I doubt that it's a matter of wanting huge growth - it's a matter of needing this stock to go up substantially just to break even. If you've paid $1.50, wanting it to go back to $1.50 isn't growth. We need management to salvage enough production through this to be able to justify higher stock prices, not for growth, but for break-even. I personally don't want to see production slip every year while a dividend is paid, not because I expect growth, but because I'll never get out of it what I put into it at that rate. Granted, that's my own problem and my own fault. But even if you like a dividend, wouldn't you rather see the stock at $1.50 a year from now with no dividend than $1 with a dividend? If production is kept high, it can justify a $2 price in the future. If production falls for the benefit of paying a dividend, it may never see those prices. The goal is long-term return, in what-ever form is most effective at bringing that return. And at this time, I think getting a triple out of TBE would be more effective at yielding a return than trying to maintain a high dividend. Management has to be aware of that at some point, for their own sake even..