Safe yeild is important to the market. CSE change to corporation from REIT did not work so well. Also since its yeild make sense at this price that is where it is holding. CSE thought that yeild may not be as important as in past markets. With no capital gain that has proven a terrible mistake.
I am caught long and do not like selling when the whole market is so depressed. I will hold and make judgement when the market recovers over 1000 on the S&P. If this stock does not recover to at least $8 at that point I would consider management as a failure. Time will tell. WHen there is stabilization financials maybe in vogue again.
No. CapSource made BUSINESS decisions not decisions with respect to it's stock. These business decisions are keeping CapSource around. Shareholders made decisions based on yield. Those decisions have hurt them.