RE:biggest issue for GearChefboy69 wrote: is how secure is the dividend is a recession???
all the talk is not if but when the big R hits...so that is a major drag on newly announced divi's
with no track record, what is to stop them from lowering the divi to 0.005 from 0.01 per month
it could happen..now you have a 5% yielding stock that used to yield 10%??
emotion drives the market, not facts
I was thinking about buying more but i am already down 20% on this stock
So here i sit and watch
GLTA
You really should not be investing in the Market as you have no clue as to what you are doing!
Chefboy69 claims that he bought GXE shares when they were about $1.45. But now, those shares are on sale at around $1.22 with what we know to be a 10% dividend, yet he refuses to buy. So you are telling us that you would buy again if the price goes back up to $1.45?
Give you head a shake, look into the mirror and ask yourself, when do you want to buy a stock, when everyone else is buying or when everyone is selling?
Kherson