The ex-dividend date is tomorrow. Why the hit today?
did you see the press release yesterday.......lowering the required minimum EBITDA to make quarterly distributions.....management got out why the getting was good.
please excuse my ignorance, but why would management sell off because of that? does it have anything to do with reporting a loss? or that most traders don't like to hold over earnings?
Probably because conf.call on 5/5.Most stocks react this way regardless of result.I hope so-I could have sold the other day close to $34.