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DHT Holdings, Inc. Message Board

  • MINCE38 MINCE38 Jul 6, 2009 5:11 PM Flag

    divvy figures to get cut or cut out!

    If you look at the dry bulk shippers, even the leader such as DRYS, they have almost all cut the divvy down to nothing or out altogether so they can "Put the cash into opportunities that may arise in this climate". If you look at the almost zero insider holdings of this stock, MGMT HAS NO STAKE IN CONTINUING TO GIVE US A DIVVY! Im just a daytrader...but me thinks I am going to just sit on my miniscule shares and rebuy when this thing makes a new low after divvy is cut or eliminated. This is clear to see. Insiders would be buying with both fists if this 20% yield would continue. Im only going to hold because stock is rediculously cheap. But even technically it is now below its 8 and 20 moving average which points to more short term pain over next couple of weeks. I hope I am wrong! I dont care either way. Either I make a little money now, or a ton of money buing in if this thing goes to 3 or under if they cut out the divvy.

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DHT
5.59+0.60(+12.02%)Feb 12 4:01 PMEST