There are many that paid a lot more than 2.50 and some are justifiably pretty angry with the deception from management.
Really? Mandated insurance is a pretty decent thing ...just look at Progressive after car insurance was mandated. Aetna is conservatively managed and trades quite defensively compared to peers. The dividend is a plus also and has been increasing over the years. Cannot be a sell here. If so, please indicate WHERE you would put the proceeds?
Unless you are overweight in this no reason to sell.
Unreal but I know which one I would pick if forced between the two.
(You don't get to see my answer...hahaha)
Yes they are issuing a special div in dec to give everyone back the $$$$$ they lost on this turkey.
If you believe the preceding give up!
There are SOME similarities and if you look at the DDS board 5 years ago it looks a bit like this one. It went from 4 or 5 a share to 80 recently.
Not saying this will ever recover but strange things do happen in this space. It's also a typical anchor in a mall and frankly is nothing special. I think their real estate saved them though. Penny's may not have that much of a portfolio in comparison!
If you reinvested since 2008 then you are probably back to even anyway or will be very soon. Cashing out is a possibility but unless you are overweight the trend should be your friend. Hopefully GE makes decent acquisitions too. DDD might be a good one for instance.