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DewDiligence

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DewDiligence

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Re: DewDiligence post# 6528

Tuesday, 02/12/2013 4:58:47 PM

Tuesday, February 12, 2013 4:58:47 PM

Post# of 30493
CLF pre-CC addendum: Cutting the dividend less than one year after boosting it with such fanfare means that management will remain in the penalty box for quite a while. The best hope for investors in the short/medium term is a HES-like activist shareholder.

p.s. I should have paid more attention to my own 2009 commentary in the prologue of #msg-43909449.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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