InvestorsHub Logo
Followers 193
Posts 25291
Boards Moderated 0
Alias Born 11/04/2000

Re: Irrational Exuberance post# 152714

Friday, 08/13/2010 9:02:31 AM

Friday, August 13, 2010 9:02:31 AM

Post# of 221872
I don't believe that there is any one poster that knows for sure how this is going to play out. I thought I had it figured out until yesterday when we were thrown a curve ball. What I do know is that this is a high risk/high reward lotto play and as Vianna has constantly pointed out noone should risk more than they can afford to lose. Like most here I was hoping for an all cash or part cash divy. We did not get that but instead got something different in A&B Preferred shares.
These shares will earn interest at the rate of 3% but as some have pointed out NMGL at this point has no cash to pay divys. I look forward to the rest of the story unfolding. Go FFGO!!!

Join the InvestorsHub Community

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.