continuing to tank today.
Any thoughts where this is going, or why it's headed there?
A very rough thought.. 2009 EPS was roughly 8%. Looking at 2011 forecast EPS, factoring in the 8% which people may want for a sustainable dividend, that's 48.75 cents (note forecast div in 2011 is 8.2 cents)? Is this crazy thinking? Obviously it is given the crzy P/E ratio that yields but who knows what kind of downgrading can occur?
under rights price, page-22
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