What's up!I cannot believe that some posters in the past 10 or so trading days have posted that they are in for another 2000, 3000 or 5000 shares because they are in for the long haul.
(it can't go any "lower" it's "manipulation" "Saxberg" is the Problem. "Cry me a river"
Some waiting only for a 20 or 30 cent drop from their last purchase before purchasing again.
Like, I'm going to be getting the dividend and I'll be banking profits.
For crying out loud!
What is the use of a dividend if the price that the stock was bought for has not shown any stability and has steadily decreased from the purcase price.
The dividend can be wiped out for years... a losing proposition.
This stock has to show clearly that whatever sell orders are thrown in the buyers are ready to step up to the plate and BUY .. where it is virtually impossible to push it lower.
Only then, will there be a floor established and the stock will build up from there.
I think that overall CPG is a good stock, it has its problems, but will eventually reward stockholders but to gamble on where the bottom is .... is exactly a gamble.
Just my 2 cents worth.
Cheers.