TSX:HOT.DB.V - Post by User
Comment by
borne2runon Aug 12, 2019 9:21pm
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Post# 30020291
RE:RE:RE:RE:Don't Like the Message, Attack the Messenger
RE:RE:RE:RE:Don't Like the Message, Attack the Messengerdeisman, do you typically misquote everyone?
I noted that CPLP was a winner, not a "huge" winner.
For me a winner is a position that makes money; and a loser is a postion that has a negative return; real simple.
Over the time frame that I have owned CPLP, it has outperformed AHIP by at least 15%.
CPLP dividend was cut when they announced the spinoff of the tankers, so the yield was even higher last year.
One year ago, HOT.u.to was approx US $6.30 and today it closed at $5.12.
Add in 12 dividends and the stock is still a LOSER.
Since you are not familiar with the company, there is no point in delving into all the details.
It took me six months to become knowledgaeble in shipping stocks, and I am a quick study.
My comments relate to company fundamentals, not stock flipping.
A trader who nails every intermediate top and bottom can generate a great return from a dog stock.