Friday, September 19, 2014 6:04:56 PM
WNTR was trading fine all day yesterday, until FINRA put out news on the GCHI dividend that WNTR shareholders will be receiving. To me this was great news, being that it was disseminated to OTC Markets Group by FINRA, and not Worldwide Internet Inc.
But shortly after the news WNTR started to drop hard. I couldn't understand why until I realized that people on the board thought that the part of the news that read "WNTR will not be quoted ex-dividend", meant that literally WNTR won't be trading anymore, after we receive are GCHI dividend. I was surprised that people took it to mean that.
So what did I do? I calmly picked up the phone and called FINRA, and after getting transferred around, I finally got someone on the phone who knew the exact news I was calling about. He laughed at me when I asked him, if that meant WNTR won't be trading anymore. I than emailed frank, and got a response back saying, "The stock has traded ex dividend since June 30 2014 and is compliance with FINRA, OTC Makets and will continue to trade tomorrow in addition to when future dividends are paid."
So what did I do next? Once I got the conformation I needed, I calmly walked over to my ipad, signed on to etrade, and sat at .0012 loading all the shares I could afford! I took the advice of Buffet and decided to be greedy when others are fearful.
I got my average pps way down to a price I'm very happy with! I'll be receiving my GCHI dividend in November, and soon after that I'll be receiving my I-texts dividend. This is going to be a great fall, and a great 2015! Go WNTR!!!
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