Seeking Alpha
  • Ocean Man
    Finally pulled the trigger on CLCT at $12.30, down 14% in the past 12 days. Looks like div cut is priced in, could soar if no cut. 10.6% yld
    10/16/12
    Reply (16)
    • Ocean Man: Should announce dividend in about 10 days.
      10/16/12
    • Aliefduffey: In at 12.31. You are a master on CLCT. Put my REIT sells in here.
      10/16/12
    • Aliefduffey: Looks better than sugar too.
      10/16/12
    • det9: Sold at 13.50 for a small loss and bought back at 12.35...
      10/16/12
    • Ridolfi: In lightly at 12.35.
      10/16/12
    • KilgoreTrout: Have you looked at the new CEO's background? He was CEO when newport cut their divy in 2001, the rest he lead were non-divy payers.
      10/16/12
    • KilgoreTrout: Not sure if this is relevant though.. different businesses.
      10/16/12
    • Ocean Man: ^That is relevant, and that's what I was referring to as being priced in with this 14% drop, and why I think no cut will send it back up.
      10/16/12
    • det9: This one is bugging the heck out of me..
      10/26/12
    • Ocean Man: They usually announce the dividend on the 25th or 26th (today). I will add BIG if they don't cut, watching closely.
      10/26/12
    • det9: OM: Have not heard any dividend announcement yet. Is there any update?
      10/30/12
    • Ocean Man: No announcement yet. Some quarters announce on the 30th, so could be tonight.
      10/30/12
    • det9: Here we go: http://on.mktw.net/TmI2AH
      10/31/12
    • det9: In line with previous. No cut
      10/31/12
    • det9: Added more @ 12.11 today..
      10/31/12
    • Ocean Man: I've been loading up all morning.
      10/31/12
      From other sites