why would it have a yield of 14%? The reason the yield is so high is the dividend is seen as unsustainable.
Nothing has a sustainable dividend yield of 14%. That's just stupid.
I wonder if this has anything to do with option expirations 2morrow. I'm pretty sure we'll see a dividend announcement after the close. We're definitely overdue!
There is a possibility of that - price goes down to the sanitary sewage and management (and other smart people) buys it back and makes BIG money in 6...9 months!