Is it because the div was cut, or is there more to it?
High debt load, dividend cut.. no real reason to buy other than the stock is cheaper then it has ever been... but of course.. gets cheaper by the day doesn't it? $7.00 to $7.50 PT here.
So, it might be worth a nibble for the dividend when it hits $7,25? At this rate it won't take long.
Seems to be a total lack of a cheer leading squad for this pos. Usually you get at least a couple of stalwarts.