Superior Plus Corp T.SPB

Buying....

[packerdriver]

a couple of years ago I was buying pipelines when they were all down with sky high dividends in the double digits....high interest rates were going to increase costs, worsen leverage, divvy cuts imminent...nuttin' but bad news....two years later all those buys (5) are ALL up 25 to 35%....still paying big $ dividends.... I've been adding to what was a small SPB position this week. GLTAL

[Experienced]

pack...good move on pipelines In terms of SPB -  At some point the SP will be at a level when the SP will make sense.  As anyone who follows my posts knows, I am a retired veteran of The Street.  As such, when I see a PR like the one last July, I ask myself a simple question..."Why are they doing this?"  So if Cetaurus could stand on its own then SPB woulnd't

[Apaulson]

"At some point the SP will be at a level when the SP will make sense."  Haha, brilliant Experienced. That's the level of analysis and buy/sell decision criteria that experienced professional investment managers utilize....right.  You'd be better off throwing a dart at a list of stocks than listening to this Experienced clown and his insightful comments. haha  

[packerdriver]

Yeah well....I hear ya....but while you wait for the "best adjusted return for my money"... as/if it keeps going south you run the risk of somebody swooping in to take it private (for a sizable premium). You won't have lost a thing. As Doris Day said: "Que sera, sera". I think the plant, the equipment, the real estate, the sticky coustomer base, reoccuring revenues are

[Experienced]

pack.... Wish you all the best....hope it works out for you. In the meantime from a total return perspective, the SP since I posted my thoughts 7 days ago is down 12.6%.  The last time I checked, that number is greater than the divy yield for the whole year. Plus don't cry for me Argentina (to quote the song).  I am not waiting idly by "waiting" for the price of SPB to

[newcoin]

There is no sense behind what we are experiencing. If there was, it would be a different story. There is no news releases and no one has been able to put a finger on why the stock is going down.. it is just our lucky break that this is happening. I plan to take advantage of the opportunity. Never look at horse in the mouth.

[newcoin]

Never look a ''gift'' horse in the mouth. L O L. 

[Experienced]

newcoin.....I encourage you to read their july PR and think about the implications and read my thoughts on the issue.....when you say there is no news that is just plain wrong