CODI - Compass Development, Inc
$15.50 target by May: 9% rally potential. Downside risk 8% to $13.
If you can be patient and get an entry under $14, then the odds improve but the quality of CODI allows me to accept current prices. The company is located in Westport, CT and although the stock is not liquid, it does provide a dividend of 10% at current distribution rates. Keep it on your radar screen perhaps. Do some due diligence on your own. If CODI falls 10%, then the 10% yield goes up to 11% and makes it more attractive. Hence, the "stop" I am listing might not be where I take my loss, but it is a reference as to where 3 average ranges is relative to current prices. I hope this one is interesting to you all, from a long term perspective.
If you can be patient and get an entry under $14, then the odds improve but the quality of CODI allows me to accept current prices. The company is located in Westport, CT and although the stock is not liquid, it does provide a dividend of 10% at current distribution rates. Keep it on your radar screen perhaps. Do some due diligence on your own. If CODI falls 10%, then the 10% yield goes up to 11% and makes it more attractive. Hence, the "stop" I am listing might not be where I take my loss, but it is a reference as to where 3 average ranges is relative to current prices. I hope this one is interesting to you all, from a long term perspective.
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