Melissa,
I am kidding in no way, shape, or form. It would not surprise me at all if this is what they did. Think about it--the PE was well over 100, they had a huge runup during March again, and people have been waiting for this to finally fall from its PE=100+ perch. Well, it happened.
I have talked with Ron Codd on occasion, and he is very proud of the fact that they "like to have a split around Thanksgiving and Christmas so we have something to be thankful for..." Somehow, I doubt that he or the other officers are pleased at the reception they got from last quarter's results.
Yes, I believe they could have hit 0.15 if they wanted to. I cannot say that I totally believe they wanted the stock back at 40-45, but I think they were not concerned if it happened, and that they hit 0.13 on purpose.
Based on the reaction, and the vibes I get from Ron Codd when I talk to him once or twice a year, I bet bigtime that they will throttle the number on the 22nd, and run this back to the upper 50's low 60's.
Just IMO, and just trying to foster some thoughts instead of watching the disintegrating banter on here.
Hasta.
G |
