GREY:ALARF - Post by User
Comment by
CorruptedLushDron Mar 28, 2018 1:50pm
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Post# 27796394
RE:RE:RE:RE:Share price cut
RE:RE:RE:RE:Share price cutHonestly, this is the most perplexing stock I have ever owned. It's like it has some underlying disease that we can all sense but can't see. $18 ($17 definitely) seemed like it should have been a limit, but it wasn't. And now, you'd need to have been around in 2011 to have seen this price before. I don't think the dividend is really in any jeopardy, it is covered and should continue to be with further investments, but jeez, how does a nearly 10% yield from a company that has generally been pretty stable for over a decade inspire people to bail this hard? Neither current market conditions nor the current state of the company appear to be sufficient enough answers to capture what exactly is going on here.
Ordinarily I would defer to my instincts as the swing vote in a situation of internal conflict, but with this stock my instincts are as puzzled as my brain. I really can't tell if this is setting up for a golden opportunity or a value trap.