A messy situation is brewing at Gas Natural (EGAS) and investors need to proceed with caution. We believe the stock is heavily owned by retail investors looking for dividend yield; we think these investors need to realize EGAS is not a "widows and orphans" utility company. Sticking around to collect the dividend yield is like picking up pennies in front of a steamroller.
EGAS filed a NT 10-Q after the market closed last Friday (releasing bad news over the weekend is a classic signpost of stock market shenanigans) which notified the SEC that the Q3 report would be delayed. The reason given was as follows:
"On November 13, 2013, the Public Utilities Commission of Ohio issued an Opinion
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