Can be true of course but depends what they do with the cash. If the original investment was sound then remaining in with a long position should take care of the temporary paper loss.
Sometimes the financial markets try to use the sales pitch that cutting a dividend is a smart and bold move by a company. That can be true in certain dire situations but, investors mostly tend to view dividend cuts as an ill omen.
Vodafone announced on Tuesday that the U.K. and international telecom operator was cutting its dividend by 40%. The company’s sales pitch for the dividend cut was it was as a way for the company to keep its balance sheet from weakening.
Vodafone shares in London were last seen down over 3.8% The old dividend would have an implied yield of more than 9%
StYd. You have nothing to prove. Has the non investor ever offered any form of proof. You will make money from today's buys and best way to challenge manipulation (which is what's happening) is to go long. They must be bricking it at the moment judging by the intensity of the nest dwellers posts.
Nuri. The non investor asked me to prove my buy about a month ago by posting the details when bought. I did exactly as he requested within minutes. It did not respond at all. Of course not my honesty did not fit it's agenda. Which is to call people liars or use the new fake purchase accusation. Don't rise to it's provocation. The proof of this occuring is in the history file. Same as the prediction from the non investor of a 700p target just before the big drop.
Fruit. My thinking is in line with yours. I recall thinking that before you must be a smart cookie lol. Wouldn't mind betting the drop today was another short. I don't have a pressing need for the cash in the foreseeable future so they can play their games. Would be nice if Rico decided to increase the Divi. Burning shorts not a pleasant thought usually but in this context very much so. Best of luck during the May shenanigans.