NLY, WIN, FTR and others pay in the 10% dividend range. I predict that this stock will also pay in that range. This means it still has a way to go down with a .40 cent a year dividend. It could well go below 5.00 a share. I wouldn't bottom fish until that time.
This stock feel because of what? (1) Divident reduction (2) Trust in Management (3) General questions about companies clean energy investment strategy (4) Sector performance -- competition (5) Market sentiment. How have all of the above been addressed? Simply stating book value will only get this stock to a certain state. After that it will start trading horizontally. Will have to wait for additional positive news. I do feel it has a support level at 5:50. If you are into trading you can make good pennies everyday by buying at 5:40 to 5:50 and selling at the end of the day at little below $6. If you are long term investor...just don't look at this blog. It will take time, but this will inch up slowly