Who would be selling at these prices? All of the disappointed dividend investors should have sold by now. This trading is very suspicious. This stock is being manipulated for some reason. I have been an investor in this company for a long time. I hope we are all able to recover some of our losses. Management has been excellent over the years. I do not think the way this company is being managed has changed enough to warrant this kind of selling. Oil and gas prices are only a partial reason for this selling.
I said this somewhere on another string. It could be that there are a lot of "mom and pop buy it and put it away investors" that didn't know until 24 or 48 hours later that the dividend had been cut. Then they got excited and sold. Hmm?