Followers | 211 |
Posts | 7903 |
Boards Moderated | 15 |
Alias Born | 05/24/2001 |
Thursday, August 15, 2002 4:30:59 PM
No idea yet why they tanked nearly 50% today to close at $2.65, but the fact that their dividend now works out to about 26% worries me more than encourages me. Surely that dividend isn't safe. MCIT had a similarly-ridiculous dividend.
They're apparently going to shut down their energy trading business. What's that leave them with? Broadband in small towns and appliance repair???
Whaddya think, WLD? Trading opp? Short it and forget it?
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