Cellcom Israel Ltd (CEL)

[johnsyn]

I answered the ex-divie date in Post 50. Back to your question of how much farther the PPS will fall- who knows. It dropped 40% on the financial report, now almost -52% off it's 52-week high, but the dividends had been steadily dropping over the 52 weeks from a high of $.83 per quarter to the Jan 2012 payout of $.51. The PPS is back up $.50 from it's low, and the div yield presently sits at 16.71%, which is 1% higher from where it was 6 months ago. Just take a look at the pps chart over the last 90 days, go from there in your decision, you've got slightly less than a month before ex-div date, and the nearer we get, the higher the pps as investors move in for the divie.