Yeah, has come back a bit and thats good. Will run up a bit more in April and early May (IMO), prior to divy announcement. Doubt they will cut it again at least for now. By the headlines, appears they are signing some new agreements which will generate revenue. No options, so you cannot work your cost down by selling covered calls. Long term, not sure they can support the dividend. They supported it in the past with the money out of the Target deal. My choice is the same as everyone else that is upside down, take the loss or hang on, collect the dividend and hope for some good news and uptick. For now, I will just hang on. Good luck!
Good luck on Cherokee. I still have a position, not huge, 1,000 shares. Considering dividends for the past two quarters, I am about even. Better than I can say for other positions! Even with the reduced divy it is still a good return. Just not much upward movement. Would be nice if you could option the stock.