RE:RE:RE:Dividend Agree, all I'm saying is that I expect sub $2 and yes possibly sub $1 if they were to announce that Rubiales Field was in fact over and done with.....
My idea on sub $2 is that if they announce a extreme cut to divi then selling pressure will trigger margin calls which in turn push SP to be oversold. Under these circumstances it usually takes 3 trading days for the SP to stabilize and make a comeback.....I'm calling $1.75-$1.90 on divi cut before we see a move up.....unless Rubiales Field is out of picture all together.....