DBM pays a quarterly dividend of 0.14, which is 9.3% yield.
It has fallen back to its September 2021 low, after retracing 50% of its bearish leg.
It has heavy support (14 weeks worth) at $5.81
Could it fall further than that? Sure, anything can happen.
But I think it is unlikely in the next week, as the ex-dividend date is the end of this week.
Perhaps the dividend will be the catalyst to push it lower.
I will probably accumulate a position if I can get it sub-$6 on Monday or Tuesday.
הערה
Currently at 6.43 ... I never opened a position on these shares. BOY do I regret that ! I'd be looking at a 10%-ish gain over the past few months, which is certainly doing better than my actual trading account.
הפקודה בוטלה
February, this was stuck in a trading range.
March, it has tumbled 11% or so.
I am NOT looking to buy under $6 any more; if it goes below $6, I will wait until I see some bullish indications.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.