A good look at the financing package would help. If, a stock is sold down $3 over 10 days or so then consider this scenario. Take the average and estimate how much came in on the sellers side. After expenses and set aside of the upfront money, The estimate will provide an idea of how much one will have to borrow as a loan. Of course there are other factors involved that effect the total overall package. The big dogs involved here will keep the price down as they begin short covering. Holders who use the div against the purchase price will be a long time getting down to a profitable number. Smart money sold in the 8s and also sold $5 puts so there will be covering over time.
My guess is they financed a bunch of the new purchase dumping shares of stock. Shorts jumped on the bandwagon. They can pay 10 years of divs with the drop we have had and still have money left over.
I guess your concept of dilution was right. Like I said before the downside makes this a hard stock to own. They will dilute shareholders and that's not a good thing. Almost back at 52 week lows.
Have been around shorting on the ups and buying on the dips for about 5 years. The rate of deflation is still negative. Maybe some day over time that may change. By the way,
Why the major dump?
Didn't we just double the size of the company?
They didn't cut the dividend, they raised it.
The market looks 6 months out, appears it doesn't like the situation
An interest rate hike is in the works and all this growth has a lot of debt.
Your information does have a few ifs. If it hadn't dumped, neither of us would be chatting would we?
Currently the decline in short interest does support accumulation. Wonder what the next numbers will be. The shorts still have the upper hand until demand out strips the advantage of shorting it down. With a negative rate it's to their advantage to short and this was shorted a ton.
Whatever, your the genius, one look at a 5 year chart will tell you the depreciation rate has outstripped the dividends. Absurd as it may sound to you there are many who would like to see a return on their investment. How many divs will it take to cover this weeks drop? Having your shares go down $1.00 against a .105 divvy ummmmmmmm. Go do your own DD for details.
Being that every time they report it always goes on how everything is being done to maximize shareholder value. Meanwhile we now sit at a new 2 YEAR low. Maybe if they stopped trying to help us so much we wouldn't be here sharing the love we all have for this mess.