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Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid.
I learned this one the hard way with bad advice from my brokers general manger that did not understand the rules.
Wrong! A cash dividend and a stock dividend are different.
With a stock dividend If the dividend is 25% or more of the stock value, special rules apply to the determination of the ex-dividend date. In these cases, the ex-dividend date will be deferred until one business day after the dividend is paid you have to buy it before the pay date and hold it until one business day after. I have received several with penny stocks and profited bigley.
I had one several years ago from a bottom sub penny stock that ran to 93 cents.
Very profitable and these where otc stocks. Saga is a $10+ nasdaq stock.
What Is a Special Dividend?
A special dividend is paid to shareholders outside of the regular dividend schedule. It may result from a windfall earnings, spin-off, or other corporate action that is seen as a one-off. In general, special dividends are rare but larger than ordinary dividends.
with stock dividends, a company doesn’t have to tap into its cash reserves or profits since it is only issuing its own stock to its equity shareholders.
https://www.investor.gov/introduction-investing/investing-basics/glossary/ex-dividend-dates-when-are-you-entitled-stock-and
I think he used the Saga value. Saga closed at $10.90 today.
The best thing about the saga dividend is it will trap the shorts.
Any short that does not cover before delivery of the dividend will be responsible to pay the dividend on those short shares.
https://ih.advfn.com/stock-market/NASDAQ/sagaliam-acquisition-SAGA/stock-price
Even a 10% profit taken 10 time with extra shares in a very tight range as MM’s play there games = 100% profit. I had 4+ million shares on that run to .13+ and now once again hold well over 3 million shares and will always trade some of my extra shares for profits. ENZC has been a Traders Dream.
I can’t wait for the right News that makes it a real Investment. Until then I will keep up my trading strategy that works for me. ENZC is holding up nicely with such low volume IMO.
Good Luck and Happy Trading!
Judging by the run to .13+ on the SAGA and dividend announcement .
I would guess the closing of that deal would take ENZC much higher than the announcement run. We all can see what the delay of a fast follow through along with MM games has done to our Price.
Good Luck and Happy Trading!
Nothing wrong with Flipping for profits. The trick is to always hold a core position.
Flipping extra shares can allow one to ride their core position for Free along with nice profits. MM games have proved that is the best way to play ENZC until the right News hits the wires. Right now I’m mostly riding the wave and mostly adding the dips on what I believe is way under valued but even a 25% profit x 4 = 100%
The last 250% run was a real profit maker for me although I started reloading extra shares again too soon after, It was a great profitable ride. RSI (14-Day) 46.97
Good Luck and Happy Trading!
The difference of ENZC not being taken down into the 4’s or lower with this low volume lately is a sign MM’s know something and they are not shorting as bigley lately also I think they are not able to pressure remaining retail out of there shares any longer with there games.
https://www.otcshortreport.com/company/ENZC
Do you think we get SAGA news tomorrow?
I added bigley yesterday.
Schwab trend analysis!
ENZC appears to be in a strong bullish trend. Its 200-day moving average is upwards sloping and the MACD histogram is above 0 and rising. Comparative Relative Strength analysis shows that this issue is lagging the S&P 500.
As of 10:08 AM ET Thursday, 06/22/2023
Agree that last 250+% to .13+ Made us ENZC traders some serious Bank$$$$$ once again.
I sold over 3 million shares on that Run for Great Profits.
Many don’t like the Naked short and distort MM’s but they have actually allowed traders to score over and over A Gain and A Gain! pun intended.
Looks like every time I get 4’s$$$$ Im in Four another Score!
Pun intended! Where are my promised .02’s? LoL!
Piffff! ENZC was in the low 04’s a few weeks ago. It is now at .0536. Pifff! I would not call that a slow bleed LoL!
ENZC has been a Traders Dream!
Where O Where are them promised 02’s we have been hearing are coming? LoL!
Some working overtime to no avail as ENZC slowly & Steadily is Winning the Race!
The SPAC deal closing should speed things up!
Thanks! we can see ENZC has not diluted much of them 900 million shares!
Hoping they use them for the Spac deal tor another Deal or our promised Dividend.
Watching, waiting, Trading and living the ENZC Dream!
I had a weed stock years ago that increased their O/S by a billion shares. I was disappointed until they announced they were using them to make deals with other companies and Boom in a few months when the deals happened, they ran from Pennies to over 12 dollars.
Which was way more than they were worth, but the herd mentality drove it hard and Fast to an unreal valuation. Good Luck and Happy Trading!
Is this All that is possible? 900,000,000 - 180,000,000 = 720,000,000
ENZC has been a traders Dream.
Traded another 240,000 today for Beer money as we watch these Short and Distrort MM’s continue to play there games!
Looking to load more on the next Dip! If News don’t hit and send ENZC soaring again first.
Ether way I’m good. I hold a nice Core position for any news that sends ENZC soaring once again!
Oncology Pharma (ONPH) News Today
https://www.marketbeat.com/stocks/OTCMKTS/ONPH/news/
https://pitchbook.com/profiles/company/117421-21#overview
Series A 89,144 $0.000100 $1.82 $30.33
Massive bio
Series A 89,144 $0.000100 $1.82 $30.33 $30.33 1x $30.33 6.62%
https://www.marketbeat.com/stocks/OTCMKTS/ONPH/news/
https://pitchbook.com/profiles/company/117421-21#overview
Series A 89,144 $0.000100 $1.82 $30.33 $30.33 1x $30.33 6.62%
https://www.marketwatch.com/story/oncology-institute-shares-rise-46-after-massive-bio-ai-partnership-1f2c007c
Another worthless Twitter Basher!
ENZC give us that pleasant surprise!
$enzc ENZOLYTICS
— Chinese E-commerce (@MyJesucristo) May 29, 2023
The Doc likes this. Are we in for a pleasant surprise tomorrow? You decide. I already did. pic.twitter.com/Z4H34GhJ6a
$enzc ENZOLYTICS
— Chinese E-commerce (@MyJesucristo) May 29, 2023
The Doc likes this. Are we in for a pleasant surprise tomorrow? You decide. I already did. pic.twitter.com/Z4H34GhJ6a
$ENZC will prevail. #Sciencewillwin. Time is all thats needed. Nasdaq bound. Mabs. ITV1. IPF Immune. Cures. Patents. 40 yrs in the making. Revenue. Amazon. Walmart. 250M SPAC. AI. Milestones. Saving Lives. Samsung Biologics. @drgauravchandra @elonmusk @intel @Regeneron @joerogan
— $JHDOLLAZ$ (@JHDOLLAZ) May 29, 2023
I need a million more cheapies before the next News!
Yep! Just got filled!
I have over 3 million shares. I only add if I can get them on the cheap!
The company silence helps us to do just that.
ENZC has been a traders Dream and with the right News could become a Great investment.
The company Silence is quite deafening!
But I believe we will hear something this week!
ENZC
ENZOLYTICS INC
Open
Partial Fill
Buy 40,000
892/40,000
Limit $0.0573 GTC
Exp 11/17/2023
- 2:27 PM 05/24/2023 2:31 PM 05/24/2023 0.0573
Where is the bottom? Nibbling!
Filled Buy 25000 ENZC Limit 0.0611 -- -- 11:11:55 05/18/23
I don’t know where the bottom is but I could not help myself here!
ENZC
ENZOLYTICS INC
Filled
Buy 50,000 Limit $0.0715 GTC
Exp 11/13/2023
- 10:15 AM 05/18/2023 0.0711 0.0725 0.0718
ENZC
ENZOLYTICS INC
Open
Buy 50,000 Limit $0.0701 GTC
Exp 11/13/2023
- 10:24 AM 05/18/2023 0.0715 0.0725 0.0707
Looks like ENZC is on another slide! Maybe Friday we get good News!
https://www.instagram.com/reel/CrFVEYrIMDC/?igshid=YmMyMTA2M2Y%3D
I can’t wait for Friday. Finalize that SAGA deal and ENZC is Golden!
I picked up another 500k shares today. It’s hard to pick the next bottom.
Getting to close to the SAGA deal and dividend to wait any longer for me.
I’m happy here.
ENZC
Filled
Buy 100000 ENZC Limit 0.0888 -- -- 15:43:01 05/15/23
ENZC
ENZOLYTICS INC
Filled
Buy 100,000 Limit $0.0902 GTC
Exp 10/30/2023
- 2:37 PM 05/15/2023 0.0885 0.089 0.089
ENZC
ENZOLYTICS INC
Filled
Buy 100,000 Limit $0.0911 GTC
Exp 10/30/2023
$0.0911 11:48 AM 05/15/2023 0.0885 0.089 0.089
ENZC
ENZOLYTICS INC
Filled
Buy 100,000 Limit $0.1001 GTC
Exp 10/30/2023
- 9:53 AM 05/15/2023 0.0885 0.089 0.089
ENZC
ENZOLYTICS INC
Filled
Buy 100,000 Limit $0.111 GTC
Exp 10/30/2023
$0.111 9:45 AM 05/15/2023 0.0885 0.089 0.089
The next deal is with ENZC 250 million deal with a dividend.
I can’t wait for May 19th!
https://finance.yahoo.com/news/enzolytics-inc-announces-execution-non-110000829.html
The report data you provided shows 2 to 1 institutional buys vs sells the last 2 years!
74.11% of Sagaliam Acquisition stock is owned by institutional investors
Institutional investors have bought a total of 4,206,097 shares in the last 24 months. This purchase volume represents approximately $41.64M in transactions.
Institutional investors have sold a total of 1,960,755 shares in the last 24 months. This volume of shares sold represents approximately $20.17M in transactions.
https://www.marketbeat.com/stocks/NASDAQ/SAGA/institutional-ownership/
Also quarterly share change!
Institutional cutting / adding percentages!
Cutting 338.4%
Adding 2011.4%
When I tap this it says it don’t exist!
Maybe you didn’t show the whole address.
Recheck
LoL! This stock has stumped many! I have bought and sold millions of shares this year but I still own a pile, holding a core for the next big score, loading the dips with extra shares and flipping them on the ripping runs.
ENZC has been a traders Dreams.
I would think institutions do the same with a stock that runs 500%.+ this year and has been as high as 90 plus cents in the not so distant past.
I bought as low as .022
Everyone can look at this report and see
Quarterly share change!
Institutional cutting / adding percentages!
Cutting 338.4
Adding 2011.4%
https://www.marketbeat.com/stocks/NASDAQ/SAGA/institutional-ownership/
Must have not read that full report thanks for the info!
The next deal is with ENZC 250 million deal with a dividend.
I can’t wait for May 19th!
https://finance.yahoo.com/news/enzolytics-inc-announces-execution-non-110000829.html
The report data you provided shows 2 to 1 institutional buys vs sells the last 2 years!
74.11% of Sagaliam Acquisition stock is owned by institutional investors
Institutional investors have bought a total of 4,206,097 shares in the last 24 months. This purchase volume represents approximately $41.64M in transactions.
Institutional investors have sold a total of 1,960,755 shares in the last 24 months. This volume of shares sold represents approximately $20.17M in transactions.
https://www.marketbeat.com/stocks/NASDAQ/SAGA/institutional-ownership/
Also quarterly share change!
Institutional cutting / adding percentages!
Cutting 338.4%
Adding 2011.4%
https://www.marketbeat.com/stocks/NASDAQ/SAGA/institutional-ownership/
The data you provided shows 2 to 1 institutional buys vs sells the last 2 years!
74.11% of Sagaliam Acquisition stock is owned by institutional investors
Institutional investors have bought a total of 4,206,097 shares in the last 24 months. This purchase volume represents approximately $41.64M in transactions.
Institutional investors have sold a total of 1,960,755 shares in the last 24 months. This volume of shares sold represents approximately $20.17M in transactions.
https://www.marketbeat.com/stocks/NASDAQ/SAGA/institutional-ownership/
Also quarterly share change!
Institutional cutting / adding percentages!
Cutting 338.4%
Adding 2011.4%
https://www.marketbeat.com/stocks/NASDAQ/SAGA/institutional-ownership/
This information you provided proves they’re adding way more than cutting.
How do you come to that conclusion?
Institutional cutting / adding percentages!
Cutting 338.4%
Adding 2011.4%
https://www.marketbeat.com/stocks/NASDAQ/SAGA/institutional-ownership/
Today was the first day this week I was able to load almost another million shares on the dip.
Can’t wait for Monday
Very tight range today!
I went ahead and picked up another 200K+ and trying for more but the bid and ask went up. Decisions Decisions!
I personally would like to see a nice dip. I’m good ether way because I hold a nice core position but want more before the deal is complete. Each day It’s seems to be getting harder to pick up shares cheaper if you sale any shares the day before. Volume has slowed down but no real retreat.
Maybe we get another nice power hour today. I like seeing higher highs and higher lows but trading extra shares for profits is getting more difficult.
Good Luck and Happy Trading!
ENZC nakedshorted over 52% again Today!
https://fintel.io/ss/us/enzc
2023-05-10 9,303,516 + 0 = 9,303,516 / 17,617,354 = 52.81%
2023-05-09 13,161,450 + 0 = 13,161,450 / 27,778,736 = 47.38%
2023-05-08 14,569,554 + 0 = 14,569,554 / 28,265,468 = 51.55%
2023-05-05 10,007,638 + 0 = 10,007,638 / 17,887,154 = 55.95%
2023-05-04 5,665,565 + 0 = 5,665,565 / 10,847,258 = 52.23%
2023-05-03 22,676,736 + 0 = 22,676,736 / 44,620,190 = 50.82%
2023-05-02 14,635,613 + 0 = 14,635,613 / 36,136,460 = 40.50%
2023-05-01 16,179,081 + 0 = 16,179,081 / 28,075,178 = 57.63%
2023-04-28 9,313,058 + 0 = 9,313,058 / 17,552,300 = 53.06%
2023-04-27 3,991,732 + 0 = 3,991,732 / 6,322,366 = 63.14%
2023-04-26 1,742,972 + 0 = 1,742,972 / 3,230,425 = 53.95%
https://www.instagram.com/reel/CrFVEYrIMDC/?igshid=YmMyMTA2M2Y%3D
Great strategy! Once you have sold enough to ride for Free.
There is no chance of losing.
I’m not only now riding ENZC for free. I also hold a nice ENZC profit.
Which I will reinvest here if we get another nice dip.
The last few weeks the dips have been hard to come by.
Good Luck and Happy Trading!
One can’t go wrong taking 100% or better profits on part of there position and keeping a core position for a blue sky Break out!
Trading in a 401k or IRA is the best way to trade without having tax consequences!
10x10% = 100%
25% x4 = 100%
I personally can’t help but cut some of any stock loose on a 200% or better Run.
Good Luck and Happy Trading!
Instead of calling ENZC a Scam. People should have been loading at .04 /.05 like many of us did and now we are in ENZC heaven. I’m now riding for free with a nice couple hundred K in cash in the account thanks to ENZC.
Glad I didn’t listen to those calling ENZC a Scam and picked up them 4 million shares in the .04/ .05 range and sold a pile for much profit.
I love this ENZC
Super
Cash
ATM
Machine!