I find it strange that the European markets rally enough today to recover their losses from yesterday,,but our market closes down big again,,, perhaps tomorrow will be our turn to recover a bit,, sure hope so
Volume fairly low but mostly on the sell side today...I am somewhat surprised that strong div paying stocks do not hold up better in a major market selloff... I guess some will question my word "strong"
One would think this would be the case..but you never know...if the money gained,,, ie the 21 % return went directly into their pocket then it should certainly happen
I find it difficult not to focus on the two facts you state... unless this company is headed for bankruptcy the current price makes no sense whatsoever... though I have lost a great deal of capital I cannot bring myself to sell..
You make a very good point.... things have improved considerably,,, other then the Puerto rico problem.. if not for that earning would have met or exceeded expections... probably no need to sell,, but dividend could well be reduced again... and that would cause huge selling I suspect
hope the worst is over ,,,, for rso.... recent buys may indicate the earning are going to be ok,, you know there are folks that always know before the general public...