Holding onIm holding on to my EIF shares for the folowing reasons:
1. No cut in dividend distributions - May change if Westower takes longer to turnaround. However, I prefer the Westower situation of execptionally high growth and increasing costs versus the alternative of sinking revenues and cutting costs
2. Share sale overdone with possible strength going into Q3 earnings release in November for possible upside surprise...
On another note, its quite clear the issues at Westower has been leaked out as we've seen EIF shares trade down for over a week. ossible that a smallish short position has been built as Ive never seen such relentless selling in EIF over past week. Short seller will likely cover as its expensive to hold given EIF's dividends.