Yep, I agree, not sure why but never any activity. I added to my shares yesterday, but feel that we will get more opportunities this summer, with this shaky market. Till then, I don't mind collecting the dividends.
Is there something that has been reported recently that would cause such a decline? I can't find anything. It is puzzling that comments are rarely made about this stock in the message board while a similar stock (Frontier Communications) is flooded with comments. Perhaps, Frontier's being such a dog has made it popular??? Hopefully, this stock will not follow a similar fate. I got out of that dog long ago. Hope I don't have to dump this one, the dividends and price action have been good to me over the years.
I can't find much to make it drop. But, it appears maybe the tyerm of the notes may not have gone over real well with an instutional lond. 11% effective yield does seem to be pricy in this low interest environment. Just a guess though.