Post by
prested on Nov 25, 2021 2:51pm
The unforgiven
Over the years I have noticed that, no matter how well a company does, itf it has EVER cut a dividend, it will never be forgiven by those we call "The Street."
Some of the companies I have owned that this applies to include, Vermillion, Auto Canada, and Amerigo.
In time The Street reluctantly realises they have over reacted and the shares are allowed to rise, but it's an interesting phenomenon.