UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev Thread | Next Thread
Author: blacktreechaser Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35400  
Subject: WIN for income, maybe not Date: 7/16/2014 6:11 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
Might not be a good idea to buy. Just posting, as it might be interesting to watch.

Stock price for windstream has gone up from 7.5 to 10 in the past three or four months. Still paying their 25 cent quarterly dividend. Present yield is above 9%

They report the first week in August. Might be interesting to see what is said, and how the stock reacts.

The company did get some government contracts. Revenues/earnings from those may not show up in this quarters numbers.

It's possible the rise in the stock price is more from folks chasing dividend yield than from long term investors.

Call option prices are terrible, something like 14 cents for Feb 2016's strike of 11 or 12.

I'm sure not adding to my position (bought some shares around $10 4 years ago, and sold covered calls once or twice...maybe three times. So, with this recent run up, I'm dong well in it. If I do anything before they report, it will be to sell, not buy.

If you've got contrary opinions from numbers or knowledge of the company/industry, I'd love to hear them.
Print the post Back To Top
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev Thread | Next Thread
Advertisement