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How could you have "missed it", when it hasn't even started yet.
I may be getting the "record date" mixed up with the "ex dividend date" - It explains it all here:
http://www.sec.gov/answers/dividen.htm
Ex-Dividend Dates:
When Are You Entitled to Stock and Cash Dividends
Have you ever bought a stock only to find out later that you were not entitled to the next cash or stock dividend paid by the company? To determine whether you should get cash and most stock dividends, you need to look at two important dates. They are the "record date" or "date of record" and the "ex-dividend date" or "ex-date."
When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.
Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
Here is an example:
Declaration Date Ex-Dividend Date Record Date Payable Date
7/27/2004 8/6/2004 8/10/2004 9/10/2004
On July 27, 2004, Company XYZ declares a dividend payable on September 10, 2004 to its shareholders. XYZ also announces that shareholders of record on the company's books on or before August 10, 2004 are entitled to the dividend. The stock would then go ex-dividend two business days before the record date.
In this example, the record date falls on a Tuesday. Excluding weekends and holidays, the ex-dividend is set two business days before the record date or the opening of the market – in this case on the preceding Friday. This means anyone who bought the stock on Friday or after would not get the dividend. At the same time, those who purchase before the ex-dividend date receive the dividend.
With a significant dividend, the price of a stock may move up by the dollar amount of the dividend as the ex-dividend date approaches and then fall by that amount after the ex-dividend date. A stock that has gone ex-dividend is marked with an "x" in newspapers on that day.
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.
If you have questions about specific dividends, you should consult with your financial advisor. You can also get information by going to your library and reading Standard and Poor's Dividend Record Binder.
That is WRONG!!!!! If you sell your stock before the DIVIDEND IS DISTRIBUTED you sell your rights to the dividend along with the stock! IF You sell after the Ex dividend date YOU LOSE THE DIVIDEND. You must hold until dividend is distributed!
Yes, but this stock has been way over hyped, and has been predicted by some to explode up to .06 to .10 cents even BEFORE the news of completed sale was released. Nervous ninnies who bought that hype last Friday and bought in, have headed for the exits because they want immediate gratification and will not wait until Thursday find out if deal is on. Once they sell out, the pps will start to rise again.
Unsolicited coverage of BIHC from London, England investment firm doesn't hurt!
Yes, so please sell all your stock to me right now.
Disable any pop-up blockers you have. That is probably the problem.
This is important:
BenchmarkJournal.com Sector Analysis for BIHC, GETG, EESO and MMTE
BenchmarkJournal.com has not been compensated by any of the above mentioned companies.
My Alpha Trade works fine.
BIHC News from London -
BenchmarkJournal.com Sector Analysis for BIHC, GETG, EESO and MMTE
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Benchmark Journal.
Jun 30, 2008 1:17:00 PM
LONDON -- (MARKET WIRE) -- 06/30/08 -- Benchmark Journal brings independent company and sector research together, utilizing top financial advisors and investment tactics to provide you with a clear picture of investment opportunities. Once you register as a free member to www.benchmarkjournal.com, you will be granted full access to our site, including sector analysis and company analysis. Our company profiles will be at your fingertips, presented in a clearly laid out format that allows you to easily comprehend the dynamics of our featured companies.
Today we began tracking BIH Corporation (PINKSHEETS: BIHC), Green Earth Technologies (PINKSHEETS: GETG), Enzyme Environmental Solutions Inc. (PINKSHEETS: EESO) and Mammoth Energy Group Inc. (PINKSHEETS: MMTE).
Thanks for your opinion. Are you angry because your GLCC is crashing and you want to vent here?
RMCI bask on the ask. As Butch once said to Sundance - "Who are these guys?"
There it was - .0229 !
.0219 trades! These guys are cute. Next up will be .0229 trades.
The only one there to answer questions is the CEO Chris Galo and I would bet he is a busy man right now!
.022 getting hit- can't last much longer even with down tic mirror trades.
mm's are really working hard to try and keep transactions on down tic while trading sideways - .022 followed by .0219 - .0211 followed by .021 - give me a break!
You're right Quik18, mistake was the wrong word to use, maybe overly optimistic would have been better. It is pretty hard not to be overly optimistic here with the huge bombshell news looming so close!
One of the mistakes some people made was to post about how this stock was going to explode today. This stock probably will not make the big gains like some have said here to .06 or .10 and beyond until the news of finalized deal is released. The deal will probably not close until Wednesday or Thursday. Until then, the bashers and naysayers who have been extremely shrill in their bashing campaign to scare away investors will continue to spread doubt and fear on other boards both here and outside of IHUB. You have to bear in mind, that the big news may come later this week or may not come until AFTER the fourth of July weekend.
MM's are hoping those sitting on the fence, and nervous ninnies who expect big gains BEFORE news hits but don't see those gains yet, will sell.
Obviously there are those out there that do not believe this deal will go through. Sellers are driving price down. The bashers have been working hard to inject doubt and have been somewhat successful so far. However, once that press release hits, everything changes in a heartbeat!
Ameritrade L2 does not show pink sheet stocks. You need to pay - Try AlphaTrade - I use them and they are great!
Ttrades at .0231 .0232 .0239 -
.026's lining up!
Good Point!
Holding steady this time - no quick rise then early fall to sub .02 like last week.
.026 x .0265
Gapping up .025 x .0265
Premarket Trades coming in - Ask moving UP ~~ .024 x .0265
BIHC- Watch this week!
BIHC - Once deal is finalize - this one soars!
BIHC soars once deal is finalized. Steady rise until then - or maybe even a rocket if progress accelerates!
Great link tothe! That is good news. I hate it when shorts drive the price down instead of just retail selling because of no news. When substantive news hits, we go up.
You are right about that. Once the deal is official, all hell breaks loose the following trading days, even if they are after the 4th of July holidays!
It's only natural for the excitement and anticipation to cloud the reality of how business transactions actually transpire. This coming weekend also may throw a little bit of a timing problem into the mix. Remember that the markets are closed on Friday. If the deal closing meeting isn't held until Thursday, when would be the best time to announce the results?
I would agree that what you say could very well happen. Some here are cock-sure that a PR will be Monday and the deal will close and be announced by Wednesday. I hope they are right on the money. However we may not even get any news or press about the deal until AFTER the 5 business days are up and the parties involved meet to close the deal. Since 5 business days end on Wednesday, the meeting may not be until Thursday and the News may not come until after they meet on Thursday which is cutting it close to the fourth of July weekend. I hope it closes much quicker than the 5 days and we all know by early next week, but investors will get extremely restless and the basher's drumbeats will get louder every day if there is no news until later on in the week.
Some people mistakenly believe that all they have to do is own the stock on the date of record to get the dividend. After the date of record is announced and has passed, they think they can sell the stock and still be entitled to the Dividend because they owned it on the date of record. However that is not correct. If you sell your stock before the Dividend is distributed, you also sell your rights to the dividend along with the stock. So if you want the dividend, you need to hold the stock.
Wrong again. Where do you people come from. THE PR READS CENTS NOT CENT! That's CENTS in the plural, not CENT in the singular. Read it again and get a clue.