Monday, January 7, 2013

Short term play


For a 3 month play. Risk: High

PNX cp 9, tp 14.9, bbp 12.96

March will be PNX's release of dividends. historically, this company has been very generous in giving out stock dividends. But I am only interested in the capital gain of 65%. Whether I get dividends or not, I don't care.

As always, CAVEAT!


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