carrytrade

Hotspot to go short

Short
BATS:ROYT   None
0
Purely technical, look for a 50% correction or 88% correction and double bottom.

Then it will be time to hammer the longs.

ROYT has an annual dividend of 11.8%

It just paid its dividend on 14 Feb 2014.

So little reason to own this now, especially since the techs do not look good.

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