RE:RE:RE:RE:RE:Share Buy backs and Insider Buyingi remember when they cut it, the stock dropped 20% and then another 10%...it hit a low of 0.70's and then slowly started its climb back up..
I bought when i saw a bottom and had a feeling they would re-start the divi and the stock started its climb back up..
I am not sure that will happen again but this stock seems to be best bought in rough economic times and sold in GREAT economic enviroment and you will do well...
good luck
winnerswing wrote: Chefboy69 wrote: not saying this will happen BUT it has before
and that is when i bought this stock
the dividend has been suspended.. in 2020 this stock did not pay a divi
ALWAYS dig into the history of the stock u own..
cheers
winnerswing wrote:
And now that we are around 1$, the 1.25 cent dividend represents nearly 5% annualized returns!
This is interesting.
If price keeps going down, this return would go up a few percents more, which is starting to be very interesting.
Don't worry, I have done my DD. This is a value & volatility stock. Dividend is an extra. And now this extra starts to be interesting. No problem if they stop dividend, as long as they do not deteriorate the financials.