China Trading Stocks

[worthylion]

CCCL--Got whacked today despite Dec 11 ex dividend date for .10 per share or 3.7% at closing share price of 2.70. The dividend is semi annual which equates to a healthy 7.4% annual dividend. Seems like it should be heading in the other direction. Two outside directors just resigned which may have spooked some. It looks like they both joined at the same time back in 2007 so their simultaneous resignation doesn't seem problematic to me especially since the "no issues or disputes" language was included in the PR. I bought more today and will keep buying if it continues to decline.