On Thursday I sold some 20 call options. Stock not going anyplace until divi begins to increase.
Might as well play the 18-20 range in the meantime.
No reason why dividend can't be restored at a minimum to old levels by year end.
I prefer this to any stock buybacks.
I own ECA so not sure , however I have a lot of 2016 leaps that would pay big if we get close to 20.
Hopefully we don't sell out too cheap. I think we will be pleasantly surprised once the numbers problem get over...
thanks..wish I had more guts to add to my position but between PWE and RIG losses, I don't know if I can handle any more.