Thursday, September 6, 2007

GRGR's Joe Murray: A CEO with Soul?

It was just reported that GRGR will issue a 10% dividend to shareholders of record as of September 30, 2007. That's great news and represents a doubling of last year's 5% dividend paid.

Perhaps even more interesting, and heartening to shareholders looking to stay in GRGR for a long-term ride: CEO Joseph Murray has vowed to put his entire dividend back into the company treasury, just like he did last year.

Like, who does this kind of thing? Are we being hypnotized by some kind of chimeric "perfect green stock" and the perfect socially responsible CEO, if there is such a thing? Is Murray going to peel away his rubber human skin to reveal a horrible, lecherous, scaly yet slimy alien KILLER underneath?

Who knows...

But it was nice that the stock rallied back up to our entry point today after being 15% in the hole at lunchtime.

* * * *

One final thing we can be sure of is that Ben Bernanke's beard is looking tremendous these days... and he won't touch interest rates.

Good day to you,

James

2 comments:

Chaoslillith said...

Hiya, this is Chaoslillith from Environmental Progress. I linked to you from my blog.

Looks like great stuff here!! Keep up the good work!

James said...

Hey thanks! Glad you like it. We try to keep it real up in this piece. Actually, I've read your stuff as well... time to link!