I am agree with you. This sucker has done nothing good ,only spent money for nothing. BRCM /AVGO ceo are not stupid give away good business equal to Marissa Mayer of YHOO.
He f,,,ed up company for last 10 years. CY is near 10 years low. Bought junk and again bought junk .500 mill ?? Calculate interest?? I am glade is gone and new CEO will sell the company. Look what happened today and that is tell us about confidence in the company.I an long ,not loosing money but not making either.
They are talking past .nobody knows anything except hedge fund .they can manipulate any stock under one or two billions market value.
ebruary 26, 2016
Energy XXI Suspends Dividend Payment on Preferred Shares
HOUSTON, Feb. 26, 2016 (GLOBE NEWSWIRE) -- Energy XXI (NASDAQ:EXXI) today announced that, given the current commodity price environment and the need to preserve liquidity, it has suspended the quarterly dividends on its 5.625% convertible perpetual preferred stock (5.625% preferred stock) and its 7.25% convertible perpetual preferred stock (7.25% preferred stock) for the quarter ending March 31, 2016. As a result, no dividends for the fiscal third quarter will be paid to holders of the 5.625% or 7.25% preferred stock.
The suspension of quarterly dividends does not affect the company's business operations and does not cause an event of default under any of its debt instruments. The Board of Directors will evaluate the Company's dividend policy on a quarterly basis.
Under the terms of the 5.625% and the 7.25% preferred stock, any unpaid dividends, including for the quarter ending March 31, 2016, and any future unpaid dividends, will accumulate. If the company does not pay dividends on its 5.625% and the 7.25% preferred stock with respect to six or more quarterly periods (whether consecutive or non-consecutive), the holders of both series of preferred stock, voting together as a single class, will have the right to elect two additional directors to serve on the Board of Directors at the next annual meeting of shareholders following such event until all accumulated and unpaid dividends are paid in full.
You are not protected by Cook. Only by GOD. AAPL must help FBI to find sleepers terrorist.One day you might be the victim of terrorist then what ????????Those are killed in terrorist attack did not know that they will be killed by terrorist. Do you have any answer or prefer to get killed or want to protect your privacy that will help you in heaven.
Musk is trying to save your grand son daughter from air pollution. Musk is creating more job then oil and coal industry. Buffet has his own interest in Nevada and coal so as he can make more money in coal transportation CSX. Coach brother /buffet want solar industry die so as they can keep his interest.I may be wrong but i do not have any own interest.I have only 700 shares in SCTY and my cost base is less then zero.(negative) What is happening in Nevada is known to everybody. More then 550 job is gone due to Buffet. Ask those family how are they feeling? Oil is 27 dollar and there will lot more laid off . Which industry capable to create more job??