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The Empire District Electric Company Message Board

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  • wfhunter2006 wfhunter2006 May 26, 2011 10:57 PM Flag

    Holding here

    I will hold what I have because I am a long term investor. However, I expect the stock to drop significantly after it goes ex-dividend on 27-May. Reasons:
    1) There is nothing to hold up the stock price and the shorts will kill it.
    2) With a loss of 15% of load, translated 15% of revenue the next quarters report will be bad.
    3) There is no guarantee that they will be able to restart the dividend in two quarters.

    I look for the stock to drop all through the summer and any recovery will depend on a dividend reinstatement.

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