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Re: dcool1 post# 16507

Friday, 08/19/2011 9:31:33 AM

Friday, August 19, 2011 9:31:33 AM

Post# of 28290
That's for sure. But a stock dividend always replaces the previous shares. A 3 for 1, gave $$PGIE shareholders 3 shares instead of 1. A 2 for 1 dividend doubles the shares, (you had 1,000 before and 2,000 afterwards). So we're getting our shares restricted so they can jump to NASDEQ for something. So for a year we'll have shares for dollars itching..... anyway we'll be forced to save money when we sell for captical gains tax rate instead of 30-something.

Okay, so I could be wrong, never had a 1 for 1 dividend before. Thanks for all the input. This only limits my buying between now and then. Just have to let it ride.