20 Year Support + 6% Dividend Yield = Random Long Opportunity of the Day

This post is a combo fundamental / technical opportunity.

The stock floated through a deep value / LBO screen I use on Bloomberg.

It happens to yield 6%+ and is approaching a ~20 year support line in the chart below, at ~$4.80-$5.00 depending on how you draw the line.

The business is and has been solidly FCF positive for years , though that FCF generation is starting to whither (last line here).

As such, we want to rent, not own this name, in my view.  Look to pick up on support and exit for a solid gain, hopefully, a few weeks later.

As always, keep a tight stop on it should support give way.

2012-12-10 HHS - Weekly