You are consistent if nothing else. To continue to tout the merits of this play by focusing on dividend yield while the pps to erode away is remarkably obtuse.
another 52 week low for this wonderful bargain buy stock.
I'd bet they'll keep it at .16 for the rest of this year, but next is up for grabs. It is telling though when funds were flowing into utilities and REITS today and RSO was barely able to stay over 3. Wasn't that long ago when it was 7. I really got burned on this one.
I agree...i doubt its going much lower but even at this price it would seem like a screaming buy, except i suspect the market doesn't have any faith in these guys even if they are buying it themselves. I was surprised that Cooperman was still engaged on that last CC, thought he had moved on...unless he is dumping as we speak for the same reason, no credibility left even if they are on track.
no argument here but i suspect they will stick to the .64 div for this year at least. I am impressed that they are stepping up with some insider buys but still suspicious of his crowd. This price is ridiculous.
pay attention to the facts..they have not announcement the next dividend, the last one was in July with record date of June.
here is an idea...why don't you go away since all you seem capable of doing is making wildass predictions with no substance and evidently you have no use for this company?
actually i called the reverse split and made the analogy with RAS (another Cohen drag) and you disputed that saying RAS wasn't RSO. Regardless its not a good thing and i thought it would be 3;1, not 4:1. RSO has been a financial wreck for me having lured me in over the years with good talk and dreams. I will say i liked the tone of the CC but evidently the market didn't since it is still getting plowed under this then.
its even lower today..read the numbers from the quarterly and that explains it.
Honestly i don't have a clue where these guys are going and I think they are undervalued at this point as is. They don't communicate well and the trend has been spiraling down for a good while now.
Last time around when this happened they announced a big dividend cut...might be the case again this time. This compnay leaks like a sieve when it comes to insider info.