you better open your eyes. They will announce the div cut soon. Had to dump these shares on the market first.Make sure the next shoe to drop doesn't end up you a s s.
I don't think they're going to touch the dividend. That's the whole reason why they did the offering to raise money. I think the damage is close to being done. It's close to buying range IMHO. About ready to start buying here.
Sorry but I think you are wrong. They did the offering to get the cash to keep their debt from being furthur down graded.JMHO
"To bad they didn't do this offering when the stock was trading at a much higher price."Shows how desperate they are now. Must have some severe money probs