I am not selling my 4700 shares.OTOH I'm not buying either.Just holding and collecting the dividend.
I wouldn't mind Roche buying out Athersys.At least their dividend yield is 2.75%and their payout is $1.00 per share.
The recent downward pressure on LNCO has in my opinion been a short squeeze.Once earnings are reported I'll bet LNCO might be doing pretty good in this $50.oil enviroment.The $0.010 dividend might remain intact as a vote of confidence.
GLT all longs
So selling now,and taking a big loss is a better strategy huh?
I'm holding.Maybe LNCO will recover some day,maybe it won't.But by selling now I lose the $1,042..monthly dividend.Lets see what happens on July 30th.
I sure would love to see Athersys become another ALZA.For those of you who are not familiar with ALZA,ALZA developed the timed release drug patch approximately 40 years ago.After splitting 2 or maybe 3 times. ALZA eventually was sold to Johnson & Johnson.
I don't think they'll go bankrupt.They may eliminate the dividend or cut it down.This could also be a short squeeze.