thursday produces the factsWe can all relax and wait until thursday to get the financial facts of the matter. There is obviously no gigantic selloff in the preferreds, the company is marching down a new path with the business and some bet it will show that its working, some bet that it isn't. Facts prevail and I am waiting until thursday to see what the progress is. Slow but steady is my bet which puts the company on a solid foundation for the future and maintains the shareholders benefits on all fronts. YLO has stated nore than once, they will maintain the dividend for at least 2011 and that is good enough for me. I have ridden this stock up and down in the past and the monthly paycheck always puts a smile on my face. When the new direction for YLO gains momentum, which could even shown up on thursday, the share price will immediately be affected because a lot of analysts are waiting to pounce on these yields.
Anyway, I am taking off to enjoy the weekend.
Good luck to all what ever your position or opinion is.
The shorts are making money for now while the longs await the turnaround and meanwhile enjoy the divvy, ain't life great?