SP Thoughts

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Brymstone

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SP Thoughts

posted on Jul 12, 2011 05:18PM

Any thoughts about the current SP ~$2.50? Near as I can tell, either you believe it's going bankrupt or you don't... And by keeping the yield for at least the end of the year, they're not suggesting they're going under. Yield ($0.65) is looking pretty sweet at 25%. Assuming they maintain it and the SP moves back to something reasonable, this could be a very rare oportunity to get in on some good long term income and nice capital appreciation to boot.