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oilstrike

07/27/08 2:53 AM

#18110 RE: clairmontasap #18107

Well, a dividend of .07-.09 is what it is...a dividend of .07-.09 pure and simple. If the shares do run a pps over and above that purported dividend, there will be many sellers, some holders, but many more buyers and it will be a very interesting pattern to view to say the least.
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johnny2525

07/27/08 12:16 PM

#18120 RE: clairmontasap #18107


Clairmontassp, I am interested in this statement:

P.S. On the day everybody gets the divy in their account, the share price will drop by the amount of the divy (reset).

I know we are talking about assumpitions, but assuming that everything happens the way people are envisioning after the reset, could we see a second wave. In other words, the divy is paid out, the sp drops by 7-9 cents, lets say to 13 cent share price. Is that where the base is built? From that reset price, is that we see the big lift off.
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OLDSCHOOL110

07/27/08 1:33 PM

#18127 RE: clairmontasap #18107

I disagree somewhat, this is not just a Divi play where a company announces ONLY a Divi to its shareholders,that in itself would be Huge BUT this is a BUYOUT/SALE of a subsidiary of BIHC, in this event the Divi is just a Big bonus here for us shareholders, the balance of the sale which is the .12 to .14 per share the company gets to keep is huge and as a shareholder in BIHC your shares should be worth about that even after the divi is paid out.....all imo