GREY:EBGUF - Post by User
Comment by
RMXStoleMEon Dec 01, 2017 1:51pm
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Post# 27073746
RE:near-term price potential $32.00
RE:near-term price potential $32.00
I agree, but it doesn't make sense and it's very unpredictable. I think tax loss sell would be over soon and Investor Day dec. 12th shall bring the price up.
Also, pepole who want to get in in the new dividend game at 0.18 cents per share per month have to get in a couple days before the end of the month.
it's about 30$ right now... I think 32 is realistic by the end of Dec. begining Jan.
But only time will tell, maybe they will annouce some awful news. Waitting is not a bad thing at this dividend price. e.g: 1000 shares yeild over 180$ per month in dividend (that pays for my enbridge bill). I think by the end of winter the price would be back to 36$ maybe 38$.