OTCPK:CSUWF - Post by User
Comment by
tkirk62on Sep 21, 2017 12:12pm
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Post# 26726107
RE:Great dividend income stock
RE:Great dividend income stockThe periodic swings are around earnings. Enercare is very sensitive to earnings expectations. The last big drop was due to lower EBITDA, despite the fact the market should have been aware Service Experts is very seasonal, and just breakeven early in the year. The big run ups are when earnings surprise on the upside, which happens more frequently I think. Waiting for the price to breakdown after a poor earnings is a fool's game, and shouldn't be counted on.
If you like the stock, but when you can. Sure there may (big MAY) be a great buying opportunity after a dip like there was earlier this year, but you're more likely to miss out on the great dividend and see the share price go higher on great earnings when results come out.