OTCPK:BPAQF - Post by User
Comment by
drdiabloon May 28, 2010 1:11pm
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Post# 17140585
RE: Still waiting...
RE: Still waiting...Be patient and you'll get a fill--although it may not be a bargain by then. I wouldn't be surprised to see Big Problem PLC cut its dividend, if only for the sake of PR. It will look most unseemly if BP pays out 10% to investors whilst nickel-and-diming the many with legitimate claims against the company and scrambling to limit its liability. I wouldn't be surprised to see some institutions dump the stock; I'm sure those amenable to public pressure, such as endowment funds, are hearing from their clientele.