i am buying up all i can right now. i love the company. the dividend cut signals that we've hit the bottom. it may be a while before i gain back the money on my investment, but so long as the company is regulated, it will continue to function so long as michigan consumers use power. drop the shares if you want, cause i'll take what i can get.
Why not wait until the prices stops dropping? Why keep buying on the way down? You have plently of time to buy? The price could continue to drop to $2.00 or less. You could buy twice as many shares. I have seen this 100 times.