I had thought that even with the weak Q1 results that even if they were marginally higher than their previous results that it might drive the price up and it would preserve the dividends but I was wrong. The stock has gone the complete opposite direction with the horrid Q1 results that were released. As the dividend appears that it may be in trouble soon, I sold my position at around a 25% loss this morning to preserve what was left of the stake.
At this time I am unsure where I will be putting the left overs from the sale of the stock but I will make sure to do just that much more homework on my next pick to try to ensure this doesn't happen again. However, as an investor it is very important to learn from the losses more than you learn from the gains. If there is no learning, one can hardly hope to get better for the future. The final results are as follows:
Sold Kohl's (KSS) - 12 shares - @35.21 - total price: $412.52