IMPORTANT: The $0.029 dividend originally was supposed to be RESTRICTED STOCK FOR 2 YEARS. If so, most people will probably exit at the same time driving the price down at the end of the holding period, albiet it could possibly be from a higher point...OR...from a lower price point. Bottom line: if it is restricted stock you can't spend it now. It would be only a paper profit/loss until an actual sale is consumated two years hence. They should have done a cash deal. Then you know it is a concrete deal and everyone can go about their business.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.