If it does, the stock will drop to $2.00!!!
No - a dividend cut has been factored in already. Might be a drop but shouldn't be that dramatic. IP is in better shape than most of its competitors given its liquidity.
I hope so. I would love to pick this up for 2.00 and hold it till Obama is out of office.
Now that I think about it we got 8 years of this dictatorship. I would rather wait 8 years and then buy for 2.00
Well I think that will be 8 years and I'm not a democrat.I certainly hope things have turned around long before that.I think cash flow is strong enough to support the dividend but that management will wuss out, make their lives easier, and cut it to .10.
No the market has already priced it in.
It's safe to say that, in theory, the dividend cut is priced in but the stock is still dropping suggesting that big holders continue to sell.