There's no good reason for this.
Buy after the earnings, bought today, will buy more going into the mar. ex div date. With the current yield curve and the16% div. is very attractive.,
Lots of dreamers on this board.
On the other hand the whole market ios on a heavy down. It will come back don't worry.
Sentiment: Strong Buy
What makes you so optimistic?
That's what I say.
With a decent ER this should snap back by early next week.
I bought at 31(1/4).
I have an order in for 30.50(another 1/4), though I may change it and buy again somewhere before today's end.
In the March $31 Calls for 0.63. Easy money.
Do hope you are correct. Guess we'll find out later today.
Very weak hands, people afraid to take a risk...believe earnings will not be as bad as some think
High dividend stocks attract weak hands. Go for the dividend without understanding the business.