InvestorsHub Logo
Followers 0
Posts 22
Boards Moderated 0
Alias Born 10/25/2006

Re: oilspec post# 40058

Tuesday, 10/23/2007 12:58:23 PM

Tuesday, October 23, 2007 12:58:23 PM

Post# of 46027
Considering the stock is incredibly undervalued if the valuation reports are to be believed, I would think the best way for Maly to send a message to the market would be to sell a small (say 10%) percentage of his assets and issue a $1/share dividend (my math is not intended to be accurate, just making a point). This would surely get rid of ALL the shorts and longs could regain confidence in mgmt. The stock would go way higher and Maly could then focus on developing the remaining 90% from a much stronger position. But for whatever reason, I figure the odds of a divi to be not so good. Share repurchases are good, but I don't think it'll have the same effect.