RE:RE:RE:RE:What’s happening ?
First off, ignore posts by Larry the MD. He's an obsessed, angry man wih a vendetta who constantly posts nonsense about the company. Share price was hit hard for several reasons. First and foremost, DR had poor quarterly financial results. Second, poor results led to a whopping increase in payout re: dividend. In turn, this has led investors to question dividend sustainability. Third, in the stock market game, momentum builds on momentum so, as an unusual number of investors sell, more investors sell. As for DRs future outlook, Industrial Alliance analyst Neil Linsdell wrote on Friday regarding the dividend payout, "we forecast improvement to 106 per cent in 2020 and 77 per cent in 2021. This is manageable with over $80-million in unused credit facilities ...". Will DR improve the bottom line going forward? We will have to wait and see.