RE: RE: RE: RE: Snapshot and going forward"All of us are just speculating"
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No, I am looking at the numbers, and there is no speculation there whatsoever.
YLO's numbers are deteriorating, there is no debate about that.
YLO's debt is too high, there is no debate about that.
So speculation doesn't eneter into it.
YLO needs to cut their debt, period.
To cut their debt, YLO needs to reduce the money paid out in dividends, period.
Now YLO doesn't have to eliminate the dividend, just trim it.
If they cut the dividend in half, the share price would likely rise substantially, as the debt holders would be satisfied and the shorters would likely run for cover.
As long as management refuses to face reality, the shorters have free reign, and the debt holders will remain nervous.
So you have to ask yourself, is it better to stubbornly continue with an unsustainable dividend, and undermine the share price, or to do the right thing and get the company back on track?
Those morons who think they will continue to receive the ridiculously high dividend will be disappointed. Of course, those are the same morons who have beem buying YLO at $7, $6, $5, $4, all the while thinking they were so smart for picking up a bargain. They were utterly stupid. Are you continuing the tradition?