Yes Toadie, you would think so, as did I. But, it looks like NUF is reinforcing its old downward trend. It is the only down stock on my list on this strong up day. My thought is that NUF is benefiting from the increased plantings but the market thinks not enough to warrant a dividend. Will we return to drought before NUF gets round to striking a reasonable distribution that will rerate this stock and get some brokers interested in researching it? No according to the market. I am a hold, but maybe it is worth a trade at these prices for a good prelim report in September.
NUF Price at posting:
$4.59 Sentiment: Hold Disclosure: Held
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