Mark, they are shutting down production for a couple weeks for repairs. This will impact the next div and i think people are shying away from it for that reason.
Surf, you have to be living in another world. E-cigs are already starting to be treated like regular smokes. Age limits and taxes. In this world you can't advertise cigs in many places. They are taxed to the hilt. And anything that could be construded to be a 'gateway' to smoking regular cigs is going to be demonized. Just look at guns. A 14 year old kid was suspended from school for just pointing his finger at other kids and saying bang. And you think there's going to be clear sailing for E-cigs?
Guys, at 12 bucks a share isn't this looking pretty good? Maybe not over the next month or so. But for a hold of six months? Nice div, and if it gets a pop back up to 14 you're out with a good profit.
Dino, I like going into a div paying stock a month or so before the 'x' date. The stocks that pay 50cts or more each quarter and are priced below 20 bucks will most of the time make a run going into that 'x' date. Even if you don't get the run, you still have the div to help you out. And, if you'd like to park your money while you go on a month long vacation, buy EGP and enjoy what you find when you get back.
This has really been a crazy last couple days. I have no position here currently. Having the div cut may lend some strength to the price of the stock. But it is a cut. And by all accounts the business model is dying. Unless they can re-invent themselves I don't see it doing anything but a slow death. Lots of old money involved here and it could well see it through. But, it will be years before it can make a definite turn. 13 to 16 trading range imo.
You have to take into account that ALDW will be shutting down in the near future to ramp up the facility. This could really hurt the price of the stock. WHZ by all accounts should have a really good run-up in the next couple weeks. I'm thinking 15 minimum.