A great company with a long future?
Updated
I didn't know diddly about DE before COVID came and messed up the worlds party. I had been chasing penny stocks foolishly and DE came on my radar. It looked strong, had an amazing DIV...which is why I didn't invest lol. Seemed too good to be true based on a surface scan. I kept checking it out thinking I should take a position but never did, instead putting money into large cap stocks.
Well...what a regret. This company has the potential to be a multi year multi bagger. Progressive managment, constant aquisitions creating long value...what more could you ask for (other than a time machine to go grab the 10+% yield during the low lows).
So now I'm in a position. No chart work...just buy on dips under $7 to maintain my yield and if for some reason we get another covid event...back the truck up and smile.
Well...what a regret. This company has the potential to be a multi year multi bagger. Progressive managment, constant aquisitions creating long value...what more could you ask for (other than a time machine to go grab the 10+% yield during the low lows).
So now I'm in a position. No chart work...just buy on dips under $7 to maintain my yield and if for some reason we get another covid event...back the truck up and smile.
Trade active
Here we are....I've been collecting my DRIP and buying when I can. The market didn't seem to like the q1 report not the q2 outlook. They didn't hate it but the weak profit from q1 didn't make anyone take notice and without insiders trading would be quite dismal. Still....the premise survives and for now, it's wait and see. Often times this type of market reaction if over done and the ability to land some shares at near 7% div is always tantalizing.
Hold fast....buy long....collect down the line as DE is in a nice place to bridge the aging business owner gap.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.