As I said How can a company....such as this one.... Without "real" earnings pay a dividend? Every single oil co paying a divi is doing it from debt, asset sales, or financings or combo thereof. Learn to read financial statements it's not that hard and so obvious it's not really that funny. The chickens are finally comin g home to roost though, tell me what oil company is posting a profit these days? Hmmmm? That's what I thought.
Combine the above divi scam with the fact that companies with assets are unable to sell them these days since capital markets have dried up and some companies are running out of assets to sell. Add that credit lines have shrunk and are almost out of room and a big recipe for disaster is approaching.
A fool and his money..........