TSX:HOT.DB.V - Post by User
Comment by
flamingogoldon Sep 08, 2023 7:02am
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Post# 35625592
RE:RE:RE:RE:RE:RE:HOT.un
RE:RE:RE:RE:RE:RE:HOT.unDon't blame you for holding off and just waiting it out. Buying individual stocks is high risk and the swings are not easy to digest.
I owned SIRI (Sirus/XM) in the $2's, watched it go up to the $9's, sold in the $5's then watched it sink to 10 cents during the financial crises, a period that killed automakers. It recovered back to the $7's although now low $4's. All this action without any distribution makes it a hard hold. This is why if I am going to buy an individual equity I prefer those that pay me to own it. Helps smooth out the ride if one is a longer term investor.
mbuch wrote: I'm still not going to average down a third time. I'll just collect the monthly dividend. Hopefully they don't eliminate it altogether though.
flamingogold wrote: Stocks usually overshoot to the extreme on both ends... that is when common sense goes out the window. We are there now. This has undeservably been taken to the woodshed along with commerical reits.
ScroogeMcDuck1 wrote: Agree they are steadily paying down debt. The share price makes no sense.