you think it is a loss, but they may be saying it will get cut in half on 11/29, so worth more now. If they have to buy the stock to pay the dividend, they can buy at half the current price and therefore clear half the current price with their sale.

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So they are willing to take a loss? That is what I don't get. Even if they are not part of the dividend, having the PPS drop and selling is taking a loss, no matter how you cut it. They could have sold at 2.00 or 2.50. Selling at .78 makes literally no sense at all.

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