RE:RE:RE:RE:up 22%Large spread between the bid and ask. Someone sells into the bid and the price collapses, then someone buys the ask and it swings positive.
I've thought of putting in a stink bid, but like you, I also wish I knew what the dividend policy was going forward.
JayBanks wrote: Wild movement continued today, we seen the big move down into .455 then poppin up to.56...
I'm getting tempted to put more money down as I feel there is value here, but I don't quite know how analyze/assess it properly. They seem profitable, and sounds like some upside once the upgrades are competed and a normal quarter happens.
Short term they will pop on good quarterlies or other news and currently on thier wording I expect they go back to having a dividend once they feel confident since they had 7 quarters of payouts pre-pandemic, then after 3 suspended quarters, they returned with 2 payouts 8 times those initial divs which seemed aggressive but were covered in the quarters.
We have a new CFO who likely has some meaningful influence on this, I would be interested in hearing some corporate policy stuff, as before they stated that the suspension would be temporary. Knowing if this will return to being a dividend name or if they are moving away from that plan would be good information to get out there.