Pitney Bowes: High Dividend. High Risk?

With A 13.6% Yield, Pitney Bowes Defines High-Risk
Above article has detailed analysis:

On Jan. 1 2011, PBI was trading at $24.18. today the stock is trading at $11.00. This is a 55% decline. In the revenue and EBIT numbers I do not see a reason for this dramatic decline. PBI is still profitable. At its current price, the stock offers a 13.64% yield. High-Risk, High-Reward defines PBI at the moment.
Comment: Not an exciting tech company but I'm going to bite on this and risk $ 1100. Targeting to buy in December. PBI

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