this is the single most manipulative company i have ever traded (my opinion) be smart and use this opportunity to strenghten your short position.
That's .20 per year? That's a big reduction and a yield of only 1% or so. If anything, it's bad news, not phoney good news.
From my point of view, you are to late if you want to take a short position on that FDP in the 16's...I would think we are in presence of a beaten stock.