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Re: leeper post# 120323

Wednesday, 05/12/2010 12:16:41 PM

Wednesday, May 12, 2010 12:16:41 PM

Post# of 221872
Leeper

IMHO there are two plays going on here for pre-Div date shareholders.
1. If you hold or purchase shares prior to the time declared for the div. then you will receive the div. which the Company PR states will be no less than .003 per share (it could be much higher).
2. When the div is declared it will say someting like a $.XX will be paid to those who hold shares by such and such time and date. When that is stated by the company there should be positive buying pressure that will drive the stock price up. The trick will be to sell your shares after the xdiv date.

You end up with the div, plus what ever you sell for.

Thats the way I see this thing oing down "IF" the deal goes through..Like I've said in previous posts this is a LOTTO play!!! It might or might not happen. There many people on both sides of the fence on this board.

This is all in my opinion.

Please do not invest based on anything I have said. Nor should you invest anything that you are not prepared to loose!

Thanks

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