Doman Building Materials Group Ltd T.DBM

Just A Matter Of Time

[TheBridge]

It appears that a large number of shares either flocked off for something deemed a better or quicker opportunity or there was a shaking of the share tree to pick off all the loose shares that came falling down. While we're in that closing period of where the interest rates are still deciding if they are going to drop we are getting very close to a point where they will start to drop. That should start to provide dropping loan and mortgage rates which could start a significant building spree in North America. Tough to wait it out, but eventually it's going to happen.  IMO, these shares below $7.50 are going to provide a nice return, aside from the dividends while you wait. Good luck to those hanging in and averaging down or starting a position at these prices.

[okgonow]

Well said I actually averaged up when it started it's run up to  $8+ where my final average was in the $7.40 neighborhood and took this opportunity to average down to the $7.20 level and am selling some of my other holdings and using profits to purchase more of DBM  this Div is not going anywhere ( up possibly) and DBM is a 10+ year play for me my shares will be free at that point.