I saw this for the first time yesterday when it dropped. I bought today for the first time since everything
else was up. ( although I wish I had bought FCX instead, but maybe tomorrow.)
Does OKS always trade so much during the day or just since it dropped.
Another management decision to make themselves more money, based on the amount of assets they manage. A naive investor might ask, "but aren't they suppose to be looking out for our interests?" The answer, "Sometimes, but when they make a move that destroys 4% of value overnight, no.
Look where the cash is coming from to pay dividends and be afraid, very afraid.