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pblue

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pblue

Re: Globalstockadvice post# 151926

Thursday, 08/12/2010 1:33:40 PM

Thursday, August 12, 2010 1:33:40 PM

Post# of 221872
Its my feeling we may have to weight until the 16th but, I am a patient person.

People just want information as soon as possible. So they expect all the information today. The company has already said that the 16th is when they will get the proceeds from the sale. I think they need the cash in hand before they proceed to pay Sloane for the debt and then distribute the divy. They may even need to pay Sloane before they file with FINRA for the Divy. On the dividend example on the SEC website there was month between the record date and the pay date.

Posted by: Globalstockadvice Member Level Date: Thursday, August 12, 2010 1:28:34 PM
In reply to: pblue who wrote msg# 151918 Post # of 151927

SO there are more delays till the 16th?

With any stock, We have a limited amount of information to make a decision on. We are never going to completely know everything, and if we wait for 100% knowledge we would likely miss all gains because it took too long to finish research.

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