This is why I questioned the timing of this move by ECU. Why do this, when the POG and POS finally start moving up? They could have done this later (for instance) in March, when we we are due for a correction.
In that case the move down would coincide with a much higher share price and it would be going down, when everything goes down. Now we have the opposite.
Sometimes you may expect the company to read the market or not? Is Stephen Altmann reading the market doing what he ought to do?
I am not so sure in this case. Playing the advocat of the devil.