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high_gear55

09/14/06 11:06 AM

#139833 RE: wi$eold$upergeniu$ #139829

Highriskhighreward: You know that you and your group bought BKMP right at a time when the divi was coming so that tells me the preferred will be worth something down the road. Question is now that you and your group got all these divies are you going to dump your common.
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completetrader

09/14/06 11:07 AM

#139834 RE: wi$eold$upergeniu$ #139829

Does that mean that you will continue
to buy at the ask after the EX-Date. lol I thought I would try. Based on one of the messages some think you are part of the buy-back. I guess we will find out some day.
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Rasica

09/14/06 11:09 AM

#139835 RE: wi$eold$upergeniu$ #139829

HRHR...This is a stock dividend and ex-date is T-1 pay-date..."Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date)."

http://www.sec.gov/answers/dividen.htm

If the dates have been Officially posted...then we must go by those dates.