RE:RE:RE:On Sale!navajojoe wrote: alkhor wrote: The share price drop is due to shorters causing the panic selling. The results were good and they are bringing back a dividend of about 8 cents a quarter starting in January.
Today's loss will be made up within a week, just long enough for the shorters to buy back the shares they sold.
I'm not selling as I believe the share price will be over $20 by spring.
You are an idiot. Investors were dsappointed in the dvidend, and the vagueness surrounding it. We don't have a clue what it is even going to be, other than being a disappointment,
We don't have a clue what it will be? Of course we do. They told us today what it would be. It's in the release. They even told you when you would find out about it being confirmed. In about 4 weeks.
It is essentially a done deal or they wouldn't mention it. In fact, if it gets squashed by the board then that will be the largest single indicator to get the hell out of this stock. If they haven't already had these discussions with the board over the past 3-12 months (when to reinstate and how) then they truely are clueless. This isn't going to be a surprise decisioin put before the board. They will already have had plenty of discussion arount what is acceptable and when.
Investors who don't understand this should indeed be getting out now.