Based on what? The earnings were terrible...thankfully there was a tax settlement or they would have lost money. This stock has done nothing except for a brief period last year when if you were smart you would have sold. Yeah, the industry sector is down....blah blah. Well then you cut your costs. If you don't pay a dividend then you better return to the sharholders through earnings and share price. Why else would you buy a stock? Maybe you'll get another Allegra but i doubt it. The odds are way against you. Once in a lifetime is more than most people get.