Classic Dividend Trap ~ Hate to say it but I called this one last year (don't feel bad as I'm trapped in more than one myself) ~ Investors gotta stop falling for this oldest trick in the book and these Greek shippers are nothing short of crooks in my opinion ~ PPS gone down the drain and the div followed later trapping everyone under water; its never the other way around so you'd have a chance to get out ~ Stay away from Greek shippers ~
Can MEDA break $2 now that US operations are based at 800 West El Camino Real, Mountain View, CA, the hub of Silicon Valley? Management hints at strong upside
Dividend has been sharply cut -- it is almost non-existent. The Yahoo listing of the dividend (7.80 percent) is woefully out of date.
Big news about Toledo water crisis means potential upgrade for OGNG. The company’s water harvesting products are now dominating Wall Street chatter
Eh. The reason is to wait for a rebound and see the stock slowly appreciate in price -- which is possible.
Cut by 95%, down to $.0025; no longer any reason to hold onto this stock. Hard to believe, the dividend now is a penny a share annually. Two years ago this company paid out $.25 quarterly, 100 times greater than now.
Pretty much dropped the dividend all together... 25/100ths of a penny. Also looks like they issued more shares for the cash influx from DSX and other investores?
I'll ditto your remarks___ I have lost money om EVERY Greek shipping company that I have owned... Their a bunch of crooks who survive by first initiating a large dividend and when they have sucked in all of the uninitiated drop the dividend and cry it's " Market related"... Since I started with Norwegian shippers, it has been a pleasant journey...
Surprised you're still here after the thrashing we received in 08 ~ I bailed but check in from time to time ~ This DCIX is a loser from the word GO ~ If it were any good DSX would have kept it all for themselves instead of spinning it off to shareholders/WS ~ I've got my own view of what I think the Greeks are doing on WS ~ Investors are the ones taking a bath big time over and over again ~ Beware of Greeks bearing gifts!
WPWR set to alleviate growing concerns of flared gas in the United States by offering its licenced Micro-Refinery Unit ("MRU") as a solution.