SBL when do you think dividends might start if at all?
I've been thinking about what sort of exit strategy one might use for a stock like SLR? I've not been in the game long (since Nov), and mostly to date my exit strategies have been stop loss hits!
I'm looking to invest mostly in growth companies rather than blue chips, and I imagine SLR will go pretty close to blue chip status once the initial production ramp up is done and growth becomes incremental rather than exponential.
So perhaps bail after collecting first dividend payment, maybe reduce holdings as production levels, or even just set a target SP to sell.
In this game to make money (haven't done to well so far), ave buy price on this one is $3.24, perhaps a $6.48 target?
Any thoughts appreciated.
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