Quote Originally Posted by abrown83 View Post
Quote Originally Posted by peter mcneil View Post

Earnings up huge from last year but a bit below expectations, doubt we will get the pop we were hoping for. Dividend will be .70/share and I believe pays out early June. I ended up getting 500 shares, will sit on them.
It's actually legit crazy.

We now have a stock that is trending towards a 40% dividend, with a forward P/E of 2.5.

I legit don't understand the market anymore.
I still think that stock could easily double or triple in the reasonably bear future and I'm not unhappy to collect that dividend while I hold it.