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Monday, July 20, 2020 8:39:29 AM
OBTX started trading on March 19. Virtually everyone could trade by March 25th when the stock reached a high of $17/share. If anyone held dividend shares all the way down, they still could sell their shares at today's opening bid price of $1.12/share. Since the official cost basis of the dividend was $.55/share, that would be a profit of over 100%.
My Rosie Outlook was that I predicted, over a year ago, that the price of the shares could easily top $5/share shortly after it started trading due to the low OS. It did. To my recollection I did not make any other pps predictions after the shares started trading. What I've advised since then is to hold some shares until we see what the new business plan is going to be.
Debunked Again!
Les
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