What is the next catalyst?That's the question that is concerning me right now. I had expected postive market sentiment and results coming from Sears being taken out of the equation, but that has not materialised and infact the opposite has happened.
Obviously, we need to see a couple of quarters of impressive sales store growth, as well as some solid results that meet (or beat) analysts estimates. But is this going to happen? I think it's clear that the market is not viewing beds as a sexy market right now, with the focus on cannabis, and also bricks and mortar retail is generally in the dumps. There seems little prospect of any M&A activity to give us a boost.
I am prepared to hold for the time being as I am hovering around break-even and would really like to make a few bucks on this stock. But the current dividend yield isn't enough to keep me here for ever.