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Re: lifegear post# 8562

Thursday, 04/30/2009 10:56:14 PM

Thursday, April 30, 2009 10:56:14 PM

Post# of 18746
if they issue cash dividends, yes

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Well in theory I would expect only a little bump in the price if the pay date for the divy was announced due to the fact that the record date has already passed. So only those people who held stock on the record date will get it. There will however be lots of new owners that will not get it due to the fact that they did not own it when the record date was announced. I however do not hold out any hope of the pay date being announced in the next few days. In my case it does not matter because i am not in the stock to flip, but to build value over the next 6 months to a year.

Rod





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