Well this company has been siting quiet for a while but it has shot up in the last few days.
Why...???
Ok IMO so we are due for a Divi...Next month (Maybe)
Lets say they might give a 4c divi that will make it a 7.2c for the year..that means at todays price at $0.72 makes it 10%, not a bad return for the year.
I suspect people are jumping in to get a pay out at 5% return.
Just look at the ratio of Buyers to sellers.
59 to 12 and the amount 716,000 to 109,000
By checking out previous dates on when the Divi`s come out,
I`m suspecting an Ann. by next week on how much a share.
As a long termer this has been one of the stocks I believe in. Tempted to get out but stuck by it.
Advertising can be tricky business, but with a good sales team and staff members that have great ideas that will keep this group on the go.
They have held a good price at an easy base of $2.50.
Looking forward to seeing your stuff in the future.
Shark
Add to My Watchlist
What is My Watchlist?