Mark Riddix

Dividend Cuts: Who's Next?

I own stock in Wells Fargo, Bank of America and JPMorgan actually. I hate seeing these dividend cuts but realize that they are essential to maintaining capital levels.


On Mar 05 06:31 AM oceansmike wrote:

> Mark, 1. Its being pounded lower by Shorts and Naked shorts , and
> 2. Why are so many short traders so interested in WFC well being,,
> as a Long I need the Dividend, 3. the shorts have ruined every other
> Company stock I own,, so the moral of the story are you a Wolf in
> Sheeps Clothing a News Journalist fronting for one of the Hedge Funds
> (who every one and his grandmothers Knows is a front for Naked Shorts,,ok
> said my peace,,Please don't do any more help to WFC ,,Cramer does
> enough for the financials,,one day you'll have to go back to using
> a Piggy Bank (or Mattress) ,,Thanks for your Understanding,,.,,Ocea...