RE:''investors are fleeing....''Well let them flee because as they flee, stock prices fall and yields go up. Once
the cognoscenti realize that fact, they will be back in buying like vultures feeding
on carrion, a rather nasty image I admit, but all perfectly true. Retirees and many
others need income and there is no rise in interest rates that can match the better
class of div paying stocks such as ALA now belongs in, especially when they go on sale.
I am looking forward to another excellent Q1 on deck and a nice price surge to go
with it.
On another note, I also hold a good % in cash and will not hesitate to prey on
suitable carrion when the opportunity presents.
MS