11-12-2014, 02:34 PM
rapidacid,
That is a good point, this has been a fairly cyclical stock over the years, and looking at the long term chart an investor would be buying near all-time highs rather than lows.
However, I do like what the company has been doing in spending cap-ex to take advantage of cheap U.S. chemical feedstock and their recent paying down of debt. Now they are aggressively buying back shares and boosting the dividend.
I'd place it more of a spec play for capital gains than a long term buy and hold S.W.A.N. investment.
That is a good point, this has been a fairly cyclical stock over the years, and looking at the long term chart an investor would be buying near all-time highs rather than lows.
However, I do like what the company has been doing in spending cap-ex to take advantage of cheap U.S. chemical feedstock and their recent paying down of debt. Now they are aggressively buying back shares and boosting the dividend.
I'd place it more of a spec play for capital gains than a long term buy and hold S.W.A.N. investment.