The shares rose 0.5 c to 32 cents, altho they went x-dividend today. Taking the 1-ct dividend into account, the stock is now 33 cents compared to where it was yesterday.
US markets fall with the Dow down by more than 1000 points but by end of the day we see a decline of 347 points.....its not Spain or Ireland or Portugal but a Trader error ???!! Friday, 7 May, 2010 6:27 AM Posted by Kevin Scully Surprised by the red ink on Wall Street but most the news and wire services attribute the sharp decline to a trader error ie selling 16bn instead of 16mn Procter and Gamble shares. This almost halved the price of P&G and led to the 1000 point fall in the Dow. If true, and investigations are being done now, the trade will be reversed and the so call sharp fall will be removed from the indices trading history. So while I was shocked when I saw the fall....digging into the details gives me more comfort. More on the markets later....dont panic as it apears to be an error.
Sell dwon on BW cannot be an error right? It is due to the POOR performance! Why BW not buying back share if they think the worst is over? Continue to hold on to 39m CASH....fear that thing may get worst?