you are viewing a single comment's thread.
If the div is over 7% it implies a div cut is likely. in fact anticipated. Still insiders have begun to buy so it may well have bottomed.
its a good entry here ... as PWE is at multi-year-low trend-line support ....but fundamentals say there is real danger of another leg down to , say , $ 12.65 ...so set a stop ... its better to fall in love with this stock at a lower price
got to $12.70 $ ... soon 12.65 ... did you set your stop ?
The divvy used to be over 10 percent when the stock was over $30 before 2008.
how many more (millions of shares) have been floated since 2008 ? ... they had to buy down their debt ... so now , the same pie gets cut into smaller and smaller pieces