Tuesday, March 19, 2013 4:48:33 PM
What bothered me was the SEC took $120 of my $480 March 14 dividend. I called my broker (Trade Station) and they tell me that since it is an international stock (not based in the USA) that I must pay a fee to the SEC. The PR stated that it was a 'withholding' thing, but I'm being told that I will not receive tax credit with the IRS. Rather it is some sort of SEC fee (comes out to 25% of the dividend). I think it smells neo-crooked to me, although I'm sure it's legal.
I'm not pumping here, but another penny stock I'm averaging down on is CVO. Had a small PB today and most important there has been some very heavy recent insider buying at around $2.30/shr. I don't like the debt but they look like they are getting a handle on that now. From a TA standpoint (technical analysis - charts, etc) CVO has been having a strong PB from the beginning of the new year. For me this is not a swing trade play, rather an intermediate one (1-6 months) or longer. MGIC has always been a tried, tested and reliable for me over the years (buy low, sell high). One of these days I suspect that there will be a buy-out attempt by some big gun cloud s/w company which would put a fire under the MGIC PPS. Only time will tell.
Recent MGIC News
- Magic Software Reports Second Quarter and First Half 2024 Financial Results • GlobeNewswire Inc. • 08/14/2024 10:45:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/14/2024 10:20:21 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/31/2024 04:23:21 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/22/2024 01:21:31 PM
- Magic Software to Announce 2024 Second Quarter Financial Results on August 14th, 2024 • GlobeNewswire Inc. • 07/22/2024 01:19:00 PM
- Magic Software Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/16/2024 03:02:58 PM
- Form 6-K/A - Report of foreign issuer [Rules 13a-16 and 15d-16]: [Amend] • Edgar (US Regulatory) • 05/16/2024 02:56:31 PM
- Magic Software Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/16/2024 12:42:48 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/16/2024 12:29:31 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/13/2024 09:09:26 PM
- Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/13/2024 08:28:26 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/13/2024 10:12:19 AM
- MGIC Investment Announces Additional $750 Million Share Repurchase Program and Quarterly Dividend of $0.115 Per Share • PR Newswire (US) • 04/25/2024 06:01:00 PM
- Magic Software Reports Fourth Quarter and Full Year 2023 Financial Results • GlobeNewswire Inc. • 03/13/2024 12:24:39 PM
- Magic Software to Announce Fourth Quarter and Full year 2023 Financial Results on March 13th, 2024 • GlobeNewswire Inc. • 02/28/2024 02:37:44 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/28/2024 01:32:34 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/30/2024 01:05:27 PM
- Magic Software Reports Third Quarter 2023 Financial Results • GlobeNewswire Inc. • 11/14/2023 12:47:27 PM
- MAGIC SOFTWARE ANNOUNCES SELECTED PRELIMINARY THIRD QUARTER 2023 FINANCIAL RESULTS • GlobeNewswire Inc. • 11/08/2023 12:12:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/08/2023 11:59:03 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/16/2023 10:22:22 AM
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