GREY:LGVWF - Post by User
Comment by
Al42on Dec 13, 2013 12:51pm
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Post# 22003705
RE:Longview cuts the dividend/ ramps up growth
RE:Longview cuts the dividend/ ramps up growth
I always manage to get the timing wrong...
I pulled the trigger on a few thousand shares yesterday
to average down a bit and then we get the divendend cut announcement!!
What timing and I fully expected the SP to drop close to the amount of the cut as has
happened with most stocks recently. I put a buy order in this morning for another few thousand shares at $4.45 but it didn't get down there. Now SP has almost full recovered, go figure.
The market seems to be fairly happy with this, if it wasn't the SP would have been hammered.