Its beginning to look a lot like Christmas - OXF Breaking out!
A "special dividend" is insurance for Oxford. It locks in investor ownership, and will instantly increase the share price dramatically. Factoring that the cash reserves are available or could be borrowed at all time low interest rates makes the plausibility of an announcement any day very real. We are buying the dips regardless however, as natural gas prices are position to continue their march up, making coal the inexpensive resolution to energy production needs nationwide.