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Re: Escabar post# 72488

Wednesday, 07/24/2013 2:28:07 PM

Wednesday, July 24, 2013 2:28:07 PM

Post# of 146837
I would have to agree no matter which side of the fence you currently sit on that this was a bit manipulative.

To act as though being told that you will get 3-1 as a dividend might not influence peoples buying of a stock is ludicrous in my opinion.

That would definitely be a reason for some to initially buy or take an increased position in a company.

Then to state that you are moving that date out AFTER the price has dropped is irresponsible of the company as well.

While I consider myself long here and also while I don't have a ton invested here... it is really odd behavior and I don't think the company acted properly and that should be recognized.

Doesn't make it a scam, doesn't make it a wise investment... just makes it seem a bit fishy and I for one don't like it one bit. They shouldn't make a statement like that without following through. If they knew it couldn't be done quickly... it should have been retracted IMMEDIATELY and the CEO should be held accountable.

My 2 cents and off my soapbox.