RE:Will Corus ever hit pre dividend cut price again?this is a tough one... I had a fair amount of shares also and was able to eventually average my way down to where I made about .75 cents a share then I bailed out and watched it move up again... only to see it back below where I sold all of them. I also live off of dividends... We are in a different market concidering that they already had cut the Dividend.
Now as far as what to do... I would look at it a couple of ways and this is based upon your own research...
1. Will there be a dividend cut? If there is it may rally the shares or the shares may dump? Who knows?
2. How would the dividend cut impact your income?
3. Opportunity Cost? By hold these share are you lossing opportunity to redeplay the capital in another are for a greater potential to recoupe your money?
GLTU