Why do people keep saying the dividend is safe?
It is far from safe.
Sure they June dividend is pretty safe, beyond that anyone's guess.
When asked in the last conf call, they would not commit to anything beyond the June dividend.
I guess the question is, why the recent run-up? Back to my last post when it was the 52 wk high - "if I was smart I would sell." Oh well who wants to do all that nasty tax stuff with gains. I would be willing to buy more if it drops below $30. Right now I'm buying Spyglass.