Huge volumes indicate closing short positions combined with larger than normal accumulation. Hence a possible bottom.
I did say shorting capped at 5% not a total ban.
Nikpro correct with the dividend. Why would they drop it too much earnings are steady and they will still easily reduce the amount from when the SP was $2.30 for last dividend. So paying off more dept will happen.
5% of 80cents is far less than 4% of $2.30, just rough examples.
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