RE: RE: Take over??GeneMan...not sure if your long, or short on this stock - still figuring that out from your post...but you and a few others keep bring up this cut the dividend thing... and state that this would help the stock price - BULL SH%@ - prove it ...!!!!
I have seen numerous examples of the opposite!!!!! - PMT for example cut their monthly dividend by half a few days back from .03 cents to .015 - take a look at their chart!!! dropped like stone!!! and there are other examples.
I hold YLO because it pays a large dividend and I can sell options on it - the stock price appreciation only appeals to day traders or swing traders...if you are an actual investor and plan to hold ...like me... at least until the late fall...the DIVIDEND is very important!!!
The company is buying back stock - MAKING MONEY and has been around for years and years - they are moving in the right direct... if you can't wait for a stock price change -try another stock!!!
I see a take out by late summer or late fall - I can wait.
Cheers - everyone have great Victoria Day long weekend and remember stocks need both shorters and longs...it all works out in the end.