News Focus
News Focus
Followers 30
Posts 4543
Boards Moderated 0
Alias Born 05/22/2004

Re: caneman post# 11

Wednesday, 01/31/2007 11:00:32 AM

Wednesday, January 31, 2007 11:00:32 AM

Post# of 99
"...the price of the stock will drop by the amount of the divi on that date??"

A possibility. However the company will retain $50 million cash. Given 11.2 million shares that's a per share cash value of $4.46.
Plus they may move into other business opportunities.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today