Just a few people trying to buy the stock on the cheap. Bloomberg reported yesterday that the CEO was trying to buy the pension fund's stake in the company to increase his ownership. Do you think he would be doing this purchase if he didn't feel confident in the increase of the stock price?
Thanks for your input. That was where I was leaning on the subject, but they used some strong wording. I plan to be a holder for many years to come, but will trade around core position since they only give the div once a year and I see a 1 time interest payment as well but smaller payment.