GREY:PEYTF - Post by User
Comment by
themangokidon Oct 12, 2012 1:03pm
184 Views
Post# 20478233
RE: RE: RE: RE: CCPC with Income Trust "Dividend".
RE: RE: RE: RE: CCPC with Income Trust "Dividend". exactamundo.
that is a surefire bs signal when anyone starts posting about how much money they (pretend to) have or how many shares they are "buying" as their low risk buy falls 20% in a few days but its no problem because they have a 95% success rate and they are buying 10,000 shares every day.
My guess is there will be a cut next distribution announcement. I dont think they will wait till Q3 because I think q3 will also miss expectations and they aren't going to want to have too many negatives in one release.
I'd love to be wrong and keep the same distribution policy but looking at how this is trading and how management completely avoided publically commenting on the safety of the distribution on the recent update, I can only come up with the one conclusion.
I'd love for those who got that email - there are no financial reasons why the stock is falling - to follow up with management if a cut does come.