6.03.2023

I can sense the light at the end of the tunnel

At the beginning of the year, I thought the chart below would be the one I would obsess over the most.

Unfortunately, NewtekOne, Inc. Common Stock (NEWT) with its changed business focus and dividend plan brought it down at the beginning of the year. For the moment, any acquisition becomes just a way to reduce the damage.

I sincerely hope that the damage caused by NEWT will be barely visible by the end of June 2023. Only then will the chart below be fun to follow.

Click to enlarge

No comments:

Post a Comment

New year, new beginnings

Over the past 6 months, we have reduced our risk taking and started buying more "safe" stocks with lower dividends. We have also d...