quote:
Thanks for the heads up. Just jumped on it. Debt to asset ratio is 79% and PE is 16 so getting stuck with it wouldn't be bad.

I saved some dry powder for tonight when I can take a closer look. A lot of stonks are on sale right now.

It is at a 10 year low.
It's below its Covid Crash lows.
Buy today at 10 year low, Below the Covid crash price, and get a 2 percent dividend tomorrow.
And if market rebounds tomorrow it will probably pop.

This post was edited on 4/10/24 at 9:55 am

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Posted by bricksandstones

Member since Nov 2015

1607 posts

Posted on 4/10/24 at 12:07 pm to Tiger Hoops

You convinced me to buy a few shares in my Roth IRA. I make no claim to analytical savviness but seems like a nice dividend stock with some upside.

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Posted by slackster

Houston

Member since Mar 2009

85487 posts

Posted on 4/10/24 at 4:32 pm to Tiger Hoops

quote:
Buy today at 10 year low, Below the Covid crash price, and get a 2 percent dividend tomorrow.

Dividends are nice and all but all else being equal the stock is going to be down $1.30 when it opens 4/12. You can’t just pick up stocks right before dividends and make money that way.

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Posted by Bestbank Tiger

Premium Member

Member since Jan 2005

71776 posts

Posted on 4/10/24 at 5:54 pm to Tiger Hoops

quote:
It is at a 10 year low.
It's below its Covid Crash lows.
Buy today at 10 year low, Below the Covid crash price, and get a 2 percent dividend tomorrow.
And if market rebounds tomorrow it will probably pop.

Agree with all that.

I just wanted to see if there were other good bargains.

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