I love your enthusiasm.. Good luck. Just a couple
1. There are plenty of things
averaging>15% dividends which are just fine.. (just about every
high yoeld fund, forexample - and many intelligently
and thoughtfully managed reits) In general, you are
correct - then again in general, stocks don't trade at
350 tikes 2 years' projected earnings (qcomm, yhoo,
2. Boston Chicken reorganized in a similar fashion.
Now they're selling frozen TV dinners. Whole lot of
good it did shreholders who now have zip.
appreciate your enthusiasm and share in your hopes. However,
pardon me if I have yet to garner enough trust in
management, ML, analysts, or anyone else after what's
happened. I feel all alone in the great west with no one to
turn to - although I think I'm not the only one who
feels that way!
I just bought this stock two days ago at 4.5625
and I have loved the increase thus far. I for one am
very glad that the new investors are stepping up to
the table. Any one who held on to this stock over the
last six months have no one to blame but themselves!!
Just a hint, when you see a stock yielding 15%+ in
dividends, DON'T BUY IT. If we have to dilute the old timers
to get this company on a growth curve again I am in
favor of it. I for one will be voting my 10,000 shares
in favor of this deal!!!
I bought this stock two days ago at 4.5625 and
love the increase thus far. Anyone who rode this thing
down over the last six months have no one to blame but
themselves!!! (Hint: whenver you see something paying at 15%+
dividend, DON'T BUY IT, SOMETHING IS WRONG!) Its not like
you couldn't see it coming. Bring on the new
investors. If we have to DILUTE the old timers to BRING back
growth I am all for it. I for one will be voting my
10,000 shares for the deal.
Have not gone through the math but voting no has
nothing to do with getting special or regular dividends.
IT will be too late in 3 more days for that anyway.
If PZN does not declare the special they won't be a
REIT any way.
Will the stock go to zero? Of
course not. A rights offering could be rammed through to
raise some quick equity. This is of course as long the
books have not been totally cooked.
deal will be voting for this stock to go to $0.
Forget the freaking special dividend and let the new
SI's try to straighten this company out and get the
stock price moving in the right direction. That is how
you will get your capital back. No buy voting no
because you didn;t get your special dividend.