already had shares when it first split and has gone down 10% since.  With a low P/E of around 6 and a dividend yield of close to 6%, I think there is low risk to the downside and I have a good feeling it will at least go back to 22-24 range in the next 12 months which is a 10-20% gain on top of the 6% yield.  I just think this is a good place to hold your cash instead of a CD or money market with a lousy 2+% return.  I only have about 6% of my portfolio in this name so it is not a large holding, but enough to make my cash work while we see unstability in the market. This is a value play where as PM is a growth play.