The question was, "sellers expecting dividend cut??", so maybe you need to comprehend what you read, if you really can read. Comprehending may be beyond your capabilities, but if you try really hard???
EVERYBODY should have known the first half of the year was going to difficult, with the change-over from dealing with partners & taking over the business on their own. They stated numerous times that getting the new hires up to speed would take some time. I think the whole process was enumerated quite well on the CC. They STILL stated that the 40% Y over Y growth & 65mil was the goal & achievable. IMO, the recent days action is the result of the vultures & sewer dwellers that permeate the markets these days. They will do anything to wrap their filthy fingers around another nickel.
Have been in this for over 3 years. never sold or traded a share. To date, I am up a grand total of .22%. How patient do I have to be? :-) These inst's & funds that jerk the market up & down for NO reason, other than to line their pockets, are driving many small investors out of the market altogether. Today's market sure doesn't resemble what the market was initially intended to be. CNBC doesn't even talk about "investors" anymore, it's all about "traders"
Gas prices manipulated by commodity traders. Nothing more, nothing less. When the wholesale prices quoted are 2 months out, and the retail prices react slowly on the way down, but react immediately on the way up, That's BS.
GOOD QUESTION. The I-hubbers have dug up every bit of positive information they can possibly find, and all the investing public can say is "ho hum" Just maybe, the shorters are smarter than people give them credit for. so far, they're ahead in the game. Until REVENUE starts hitting the bottom line, they'll probably stay ahead in the game. The last 2 days have been ridiculous.
Don't know as you have too many years on me, but I was fortunate enough to get out of IOMG with a new Lincoln and a sizeable profit beyond. Up over 80% on this, with (hopefully) much more to go. Remember PRST???
Wow, I guess that every "exceptionally" profitable institution should be acquired by some other super behemoth by your reasoning.