RE: DIVIDEND PAYMENT ?4th floor,
I like your posts; informative and using common sense. I agree totally with you. The serious money has moved out of LDM or they have decided that they cant lose any more (its at bottom). True SK was only worth $600 million tops and why did LDM drop in value by about $1.3 billion? My reasoning is that given the three senior execs at SK were (are?) from LDM that LDM corporately may be on the hook for some of their alleged inproprieties.
At least that is part of the word on the street. Otherwise this stock should be worth much more than it is.
Also agree that lose, win or draw on Wednesday the stock will not go down. In fact it may go up on Thursday and Friday as the news is released. No news is bad news, so even if its bad news, it has already been discounted.
Cheers.