Post by
DeanEdmonton on Aug 08, 2022 11:07am
Short Term Swings Just Don't Matter
I see a lot of commentary on this board about 2 and 3 dollar swings in this stock price. This not not a good candidate for short term trading. Buy it, collect your dividend and ignore the share price. Trying to figure out what moves the price a buck one way or the other on any particular day really is a mugs game. What I look at is the 6 month, 1 year and 5 year trends. Is the share price showing an upward trajectory, growing earnings and increasing dividends. You can easily answer yes for this stock. Is there any reason to expect that long term trend to reverse, NO. Buy, hold, don't check stock price every day, it will make you nutz. Sleep well.
Comment by
RusticHit on Aug 08, 2022 2:29pm
WHy down 2 bucks today while others r doing not bad ?? got some calls
Comment by
DeanEdmonton on Aug 09, 2022 9:15am
There is no good reason, thus no point in worrying about it. Exactly what I was driving at!