Posted by frtaylor on 18th of Jun 2012 at 01:25 pm
very steady pullback all day today on PWE. Looks like some
kind of machine progam, given how linear it's been! Anyway,
it's got an 8% div, and ex div is June 27 (27 cents). Matt
would you consider this an opportunity to add to the position, or
do you prefer to wait and see how it acts?
frtaylor - there is some support around the 20 day MA to watch
and see if that holds, otherwise keep an eye on the 60 min chart,
one can also draw an uptrend line on the 60 min chart with the
trendline coming in just below the 20 SMA. The daily chart is just
so so for now. I think the Ex dividend date is June 27th,
it's trading below book value for now.
PWE - pulling back
Posted by frtaylor on 18th of Jun 2012 at 01:25 pm
very steady pullback all day today on PWE. Looks like some kind of machine progam, given how linear it's been! Anyway, it's got an 8% div, and ex div is June 27 (27 cents). Matt would you consider this an opportunity to add to the position, or do you prefer to wait and see how it acts?
frtaylor - there is some
Posted by matt on 18th of Jun 2012 at 02:24 pm
frtaylor - there is some support around the 20 day MA to watch and see if that holds, otherwise keep an eye on the 60 min chart, one can also draw an uptrend line on the 60 min chart with the trendline coming in just below the 20 SMA. The daily chart is just so so for now. I think the Ex dividend date is June 27th, it's trading below book value for now.
Thanks -
Posted by frtaylor on 18th of Jun 2012 at 02:33 pm
Thanks -