GREY:CRIUF - Post by User
Comment by
deisman03on Jan 25, 2019 11:37pm
123 Views
Post# 29284318
RE:RE:RE:RE:Resistance Point
RE:RE:RE:RE:Resistance Pointhpjtv77 wrote: Thanks for insight. The high dividend was what attracted me in the first place but what they have done makes it hard for me to hold on to the company. Putting the record and payout date so far ahead made it less attractive. Lots of things can happen within the next 4-6 months before they get back onto a regular schedule. I might pick up some shares near ex-dividend date but in the meantime, those funds are better served elsewhere. Another good monthly dividend payer is ALA and VET.
deisman03 wrote: Very understandable.
I have a lot of units in this trust as well.
I don't like how management screwed up with Solar and a few other issues IMHO but, I believe this is turning around.
..
...
With all of the misinformation out there, FROM BOTH SIDES, I fully understand why you bailed when a small profit appeared.
GLTA the good folks here
Both of your picks have way to much debt for my liking right now. I do however agree that 5 months of dead money is a long time.
However, the trend seems to have reversed and there may be more money to be made by just sitting on this while the price is rising.
You could wait until mid Feb and pick up JE, for the rise to their ex dividend day, thereby picking up a quick quarterly distribution there. I suspect you can make more money selling a day or two ahead of the ex div day.
Ngyen, good comments.
GLTA the good folks here