A very low risk trade or buy/hold, considering the technicals and fundamentals.
Target in 12 months: $33
Comment:
Bought a truck load @ around $19 lately.
With a whopping 8% dividend, longs can wait, shorts can't.
Shorts don't have a lot of time to cover either.
Comment:
Will likely take out $22 in a few days.
Comment:
We are almost there. I will start selling around $33
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With a whopping 8% dividend, longs can wait, shorts can't.
Shorts don't have a lot of time to cover either.