OTCPK:MAUXF - Post by User
Comment by
gibbonsjon Jan 08, 2015 2:03pm
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
345 Views
Post# 23299016
RE:RE:RE:Well show me any oil stocks that havent dropped 50%.
RE:RE:RE:Well show me any oil stocks that havent dropped 50%.halapeno11 wrote: Does anyone think that cutting the Q4 2014 dividend isn't already reflected in the share price at this point? Many oil companies cutting back or eliminating dividends until the oil price storm is over or stabilizes - need to preserve capital in uncertain conditions.
Based on Wade's past response to severe sp pressure there is reason to think the divi will be continued and perhaps even increased especially if he feels the period we are in will be a long and protracted one. One cannot put the fracking technology at the root of the problem back in the box so I don't see any relief on the near or far horizons. It becomes simply a matter of doing what it takes for Wade and other insiders to get money out without diluting their positions.