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Re: dav1234 post# 244

Wednesday, 05/16/2012 2:41:59 PM

Wednesday, May 16, 2012 2:41:59 PM

Post# of 384
I knew that this would fall after the dividend was paid, I
guess because it attracts attention when it happens. It
may be because some people think they have to own the
stock on that day. Lots of uneducated traders today. I
wish several thousand of them would see the yield on
this, currently 23.81%, think it sustainable, and bid it up
to about $12 so I could get out. Low volume tells me that
everybody is underwater here except the few that bought
in when it hit the low around March 15. The bright spot is
that even if earnings are cut by 75%, it will pay over 5%,
which is better than many stocks and all savings. I have
to keep finding good things as I am down so much with OXF.