Sellers drying up at these levels. Why would one sell here? Downside limited , good chance of 10 %upside over next 6 mos. Dividend solid at 5.2 % w/ X-day less than 60 days out. Only the fools sell here. That's the way its always been. AND if you sell .....where is the better / safer investment alternative ?.....bonds?...... other dividend stocks?......... maybe Egypt?
10,000 baby boomers retire every day in America ; each MUST have additional income , sooner or later they gotta come calling (excuse the pun, couldn't resist ).