COS spokeswomanWas quoted in today globe that COS knows the dividend is important to our shareholser but we will do what it takes to protect thier invesment.
In other words they are telling the street to expect the cut.This will cause dividened funs with a dividend mandate to liquidate cos shares in droves.
We now look for sub $5.
I opened a small position yesterday but will keep dry powder for the sell off.