Anonymous@1:55 p.m. writes: "Wow. Up 12% at 2 p.m. Does this mean no dividend cut?"If the board of directors leaves the dividend intact, that's as good as saying they've abandoned you to the wolves, in order to siphon the remaining capital to the stockholders as rapidly as possible. In other words, my imagined Oliver Stone version of this week's board meeting. You don't want it ending that way.
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Well, sorry but I think that's what's going to happen. They won't touch that dividend.
ReplyDelete"You do not want it to ending that way."
ReplyDeleteJim,
Just a little fix needed here please.
The dividend will be cut or suspended. A $20.00 side bet with you 3:23 PM. Loser donates the $20.00 to this blog.
ReplyDelete