RE:RE:RE:RE:RE:RE:RE:RE:RE:Reopened a position at 2.81"DIV will move toward what I condsider to be fairly valued at around $3.50-$3.75. A nice capital gain with a great dividend component"
Again though based on what? This stock hasn't seen $3.75 in the ten years it's been DIV, during plenty of low interest rate periods. If anything has been driven into one's head over those ten years it has been sell it all at $3.25-$3.35 every single time it gets there because you'll be able to buy back well below $3 shortly after, every single time. For it to break that cycle something drastic will have to happen or the business model would have to change imo.