We're as Certain as Ever That This "Cash Now" Company Will Put Profits in Your Pocket
When we recommended shares of structured-settlements player J.G. Wentworth Co. (NYSE:JGW) back in late March, we told you to keep some of your powder dry – leaving room for you to pick up extra shares should the stock, or broader market, drop back.
The shares hit a new 52-week low of $7.82 last week, but have rallied a bit since then – so they’re down about 17% from where we first brought them to you.
But we said from the outset that this was an investment “story” that was going to take a little time to develop. And we said the stock could be volatile, which is why we advocated a “split entry” investment approach.