InvestorsHub Logo
icon url

NewMoney

08/08/06 1:24 AM

#549 RE: Pennimon #548

Ok P.
Im in, been listening to ya for a while in the background. (Don't worry I do my own DD after I get an idea from someone so if it goes bad I got nobody but myself to blame. Also pennies are pure speculation and I keep it under 20% of my portfolio anyway.) I've been long on BIGN for a while now and I made several buys on SLJB today. Pennies are a different animal and I'm new at playing them but the possibilities are exciting. Keep posting I'm all ears!

icon url

Pennimon

08/08/06 9:03 AM

#551 RE: Pennimon #548

Take a looky at LBTN. They are declaring a dividend of 1 for every hundred of SLSE. Doing a little math, a could buy a million shares of lbtn for 900.00 and hold for div. record date of Aug. 18.

slse currently goes for .35 cents a share. So hold, get the divvy, and then dump, leaving you with about 3500.00 worth of restricted stock....considering they just scored some proprietary tech from lbtn, in a year from now they may be worth a lot more.
Chart wise lbtn could be worse.....GLTY - P.

I knew there had to be a reason lbtn has been on my watchlist for so long.