Maybe it will stick this time, barring some major catastrophe in the markets. Sill for this to be priced out of synch on yield. Of course, it's also possible management will seize the opportunity to use the price to expand, I understand these things. If you're holding for cash flow the price doesn't really matter, but the higher the better in terms of dilution on new offerings.
So much for that! Gloom and doom will prevail for awhile, what a mess in Washington. Good buying opportunities may be coming up, Criswell predicts oil drops below $80, progressive pull backs until some fiscal resolution, recession in 2013, bigger deficits as a result start to threaten US credit. I see little hope now before the end of the decade, a professional Republican administration may have been able to trade current pain for long term gain, but not this incompetent liberal. Strap in and hold for hedged cash flow, ignore the value in your account, because it may get ugly.
Were W's 8 years the professional administration you speak of when we came as close as possible to the depression that Hoover put us into? Seems like stock prices ended up lower at the end of W's 8 years than at the start. Also seems like Europe's problems are causing much of today's big hit --you may see this if you can turn off Fox and try to understand the world financial situation.
Just okay, they reported a thin 26 cents cash flow, because they tossed in some non-cash gains I didn't agree with. But it's holding it's own. Like this, one holds for cash flow, and RSO remains a comfortable hold, for now.