RE:Peter’s YGR presentation Hendrick,
Curious on your thoughts that preferred ROC is a special dividend (he was throwing around 10 cents).
1 year ago at the same conference with SP at $1.80 they trumpeted buybacks because trading so cheap.
I can almost guarantee if they buyback 10 million in shares that SP will appreciate by way more than 10 cents. As an investor down 50% a 1 time special dividend sounds like a crazy stupid idea.