Dividends2If MEG announced just one special dividend - the stock would stabilize and soar. I am guessing they just want to pay down debt (a good thing) and but back stock in anticipation of a buyout or going eventually private. In the meantime there will be very little advantage to holding the stock for long periods while everyone else plays musical chairs with it. Over the last week if you sold at $21 and bought at $20 - you would make a lots of money with the confidence that if you guess wrong it is a great long term hold anyway.