YaSheng Group (HERB)

[RealDutch]

On May 11 you expected the share price to go up to $1-$7 when we get the preferred shares. But that has changed?

I was expecting FINRA to make the announcement BEFORE the pay-date as they usually do. As they should. In which case the ex-date will be one day AFTER the pay-date. Which means you can still buy and qualify, and yeah, then one would expect the stock to absolutely surge, especially if FINRA (or the company) discloses some details about the dividend (before it is paid).

But we are past the pay-date now. This doesn't mean that we will get a new pay-date. What usually happens is, that FINRA will make it a "WILL NOT BE QUOTED EX" dividend when they announce it. IMO!. Because they can't set the ex-date anymore. And that means, the company will use the Record Date to determine who qualifies. So you already qualified. So there is no reason for the stock to surge anymore because we have been trading ex-dividend effectively for weeks already....