Post by Phyregold on Jun 1, 2021 22:57:38 GMT
No special charting, no special study, sometimes I just like other traders ideas.
In this case a great guy whos twitter handle you can find here and this is the tweet that put me on the stock:
Also, I'd follow him if you don't.
Basically when a company ups their dividend it's not really seen as a sign of strength, it's typically seen as a sign the company needs to attract new investors and something might be wrong. However, in this case they beat earnings AND upgraded their dividend. The only thing that scares me here is they might be running it up for an offering but we'll see.
Anyhow, here is the trade CSWC C 30 12-17-21 @.65
I used all 300$ of this weeks challenge on this play so unless something sells thats all for this week.
In this case a great guy whos twitter handle you can find here and this is the tweet that put me on the stock:
Also, I'd follow him if you don't.
Basically when a company ups their dividend it's not really seen as a sign of strength, it's typically seen as a sign the company needs to attract new investors and something might be wrong. However, in this case they beat earnings AND upgraded their dividend. The only thing that scares me here is they might be running it up for an offering but we'll see.
Anyhow, here is the trade CSWC C 30 12-17-21 @.65
I used all 300$ of this weeks challenge on this play so unless something sells thats all for this week.