There we go! The board announced the dividend and that means that things are A-Ok on the inside and that they we should see a share price jump in the next while. Good luck to all and congrats to those who held through some tough times there!
Dividend--actually, to the extent they don't have to pay a dividend I'd prefer they retain the money or pay down more of the contntious bank facility--I think this would strengthen their position in the litigation.
A couple of things... This stock tends to gain momentum one way or another. Also, there always tends to be a jump in stocks when they cross up over the $5 mark. Personally, I have a feeling that this is a pre-dividend announcement jump, and nothing more. When/if the announcement is made we should expect to see another couple of days of huge gains.
wondering the same thing. This stock moves on news... no news today. I checked the Kohlberg website to see if any news was out...no news... Dividend should be announced soon? Maybe they are going to come to some deal with their lenders? The daily volume is quite small on this stock.