I also see a 50 percent dividend cut.
why such a cut i would say 5c per quarter
then why was the dividend just declared?
Because the bank is making money.
My start to take positions is 11.76.I see no dividend cut.
Please, go and getta Laxative!
Stop smoking whatever it is you're smoking - stock will be back to 16.00 by end of Augaust and dividend is safe.
Didn't you also predict 20 before 18, back in Jan.? Now you want 16! I don't own any yet, but after the downgrades take effect, 10.50 will be a good entry level.
My model indicates a new price of $ 10.50 so we are close.
It may sink that low and will chase alot of people out of it. The nice thing on that it will make me able to buy more at a lower price. And besides, the dividend cut in halfwould still be in the neighborhood of 4%. How many stocks can say nthat.