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Re: parrot head post# 459

Tuesday, 05/20/2014 2:26:56 PM

Tuesday, May 20, 2014 2:26:56 PM

Post# of 491
You very well may have a good plan. There's nothing like knowing all of an investment's history and news. You may be in a great position to play SNV to your advantage.

They knew they were never going to be able to buy back their shares and they wanted to make it attractive to non-penny traders.

The strategy very well may backfire. SNV is going to trade down to a legitimate EPS price. Given that, there are much better investments in the $20 - $25 range.

Do you have any idea what is supposed to happen to the dividend? Are they still stuck on 1¢/qtr?

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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