LOL. I can't believe that I didn't use 'on the boat' reference.
Must be all of the "
Railroad Tycoon 3" that I've been playing on my computer lately. I've got trains on the brain.
Yeah, I view most of what the one article stated as absolute garbage. Tis' just the piont that sometimes analysts can 'sensationalize' an idea, and very good stocks can take a beating over bad press. I instantly think of
NLY last summer; and that was once instance (
one of the few) where I had to completely agree with Jim Cramer. The CEO with
NLY had been preaching for sometime about the lunacy that mortgage companies were engaging in, with the subpricrisis me market. But when the subprime hit? Guess who also got thrown out with the rest of the trash?
NLY. True, it was a broad sector / market downturn, but honestly, people shorting
NLY because they were with the mortgage sector was insane. They engaged in none of the idiotic behavior that others were.
So at times, when I see negative articles that take a very real bad situation, and blast a good company for it - it torques me off.
In regards the dividend reporting. Yeah. I'm a big-time dividend investor. So I pay careful attention to a) how long a company has been paying dividends b) what's on the roster for the corporate plan in regards to dividend (
if you read FRO's business plan - it's a major part of their business strategy) c) how often they pay dividends d) How often they pay extraordinary dividends, in regards point a) and c).