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Been monitoring this counter for the last two weeks. I think it is a DEAD stock!
Cross_Stitch ( Date: 18-Nov-2009 14:08) Posted:
With high vol yet not moving something brewing?
Cross_Stitch ( Date: 18-Nov-2009 09:38) Posted:
| This is weird, very weird. Back to normal now, still moving like a snail |
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With high vol yet not moving something brewing?
Cross_Stitch ( Date: 18-Nov-2009 09:38) Posted:
This is weird, very weird. Back to normal now, still moving like a snail.
kingster ( Date: 18-Nov-2009 09:12) Posted:
number 1 vol today?? weird.... |
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This is weird, very weird. Back to normal now, still moving like a snail.
kingster ( Date: 18-Nov-2009 09:12) Posted:
number 1 vol today?? weird.... |
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number 1 vol today?? weird....
well u need to be a longer term investor for this stock. but very consistent and growing company... no worries for me! just see what all analysts say abt this fellow ;)
Let's hope the analyst are correct this counter moves like a snail
kingster ( Date: 25-Sep-2009 12:10) Posted:
| ya good news from seagate... so armstrong shd be benefiting... expect better results coming Q! going to keep vested for longer term! |
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ya good news from seagate... so armstrong shd be benefiting... expect better results coming Q! going to keep vested for longer term!
Hi Juzztrade,
Is there some good news coming? I should keep vested ?
Thanks
Many good news coming... Vested
Hi tanstg,
Thanks for yr information. Yeh, I think you're right, a slow counter but I notice there are a few days to weeks, vol is quite big, and it will move up by only 0.005, and the next moment when there is alot of sellers, it will move down by 1ct again. I think this counter need alot of vol to move and of course if there is speculation, it will go up faster. Since you mention its a cash rich and stable company, I dun hv to worry so much.
tanstg ( Date: 19-Sep-2009 09:53) Posted:
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It is just an info to share with Chuks138. Sorry for the confusion.
To answer yr Questions: Armstrong dividend is always around May. U r right, it is a very slow counter with little to speculate. If I'm reading the chart correctly it will be moving between 0.24 to 0.28 for the next couple of weeks (may be even months) from now....we should see an recovery for this counter to between 0.30 - 0.35 sometime in next Feb to Mar 2010. Just a personal view only.
Theresa ( Date: 18-Sep-2009 23:01) Posted:
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Why the sudden mention of the dividend? Is dividend coming soon ?
This counter move up very slowly?? It has been going down since 3/Sep and has never recover.
Accumulation so low, momentum so low, how to recover? |
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It is just an info to share with Chuks138. Sorry for the confusion.
To answer yr Questions: Armstrong dividend is always around May. U r right, it is a very slow counter with little to speculate. If I'm reading the chart correctly it will be moving between 0.24 to 0.28 for the next couple of weeks (may be even months) from now....we should see an recovery for this counter to between 0.30 - 0.35 sometime in next Feb to Mar 2010. Just a personal view only.
Theresa ( Date: 18-Sep-2009 23:01) Posted:
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Why the sudden mention of the dividend? Is dividend coming soon ?
This counter move up very slowly?? It has been going down since 3/Sep and has never recover.
Accumulation so low, momentum so low, how to recover?
tanstg ( Date: 18-Sep-2009 16:04) Posted:
Just to share.
Armstrong is a cash rich company focus on automotive and harddrive industries. Their counter are very stable, I mean it move up very slowly - do not expect drastical upward move from this counter. One thing I must say - it give good dividend almost every year. Here is how good their dividend, for 2009 - it is about 5.5% (0.01 cts per share) and for 2008 - it is about 4.9% (0.016 cts per share). |
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Why the sudden mention of the dividend? Is dividend coming soon ?
This counter move up very slowly?? It has been going down since 3/Sep and has never recover.
Accumulation so low, momentum so low, how to recover?
tanstg ( Date: 18-Sep-2009 16:04) Posted:
Just to share.
Armstrong is a cash rich company focus on automotive and harddrive industries. Their counter are very stable, I mean it move up very slowly - do not expect drastical upward move from this counter. One thing I must say - it give good dividend almost every year. Here is how good their dividend, for 2009 - it is about 5.5% (0.01 cts per share) and for 2008 - it is about 4.9% (0.016 cts per share). |
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USD down this poor company suffers...see result unless tehy have hedged.
last financial yr end it gave 1cent div at price of around 0.11! 10% div! hahaha! anyway this stock has always been analysts's favourite... go search online for more info :)
Just to share.
Armstrong is a cash rich company focus on automotive and harddrive industries. Their counter are very stable, I mean it move up very slowly - do not expect drastical upward move from this counter. One thing I must say - it give good dividend almost every year. Here is how good their dividend, for 2009 - it is about 5.5% (0.01 cts per share) and for 2008 - it is about 4.9% (0.016 cts per share).
if u have confidence in china automotive industry and the HDD industry, go in! i already vested haha! a good cash generating company i feel...
How is this counter armstrong?Please give comment....
