Replies to post #23583 on BIH Corporation (fka BIHC)

[Carpedeim357]

PLO now that will be the tough part. It will drop but where that drop ends will depends more on high how it runs to div date. If it ran to say 50 cents to see it fall back 50% would be realistic. All depends as with all runs high long buying goes on before any retrace. One other thing most runs are all hype nothing to base any price on. Here you will have a cash value per share.

[Trader0327]

PLO,

IMO Most people would have to sell for at least twice the dividned in order to make more net profit. I say this because short term capital gains tax is higher than tax on dividend. And if you waited to collect the dividend you could still sell the stock later, obviously at a lower price, but that would also mean less capital gains tax.

Of course this would be different for each individual. If you had a large loss from other stocks and the gain from this stock was equal to that amount you would not be taxed at all.

Trader

[OLDSCHOOL110]

PLO, have to see too if they back the sale/divi news up with other Big news....then it's a whole new ballgame,I'm guessing thats their plan, and if so this could take a hell of a run...all imo

[dollarsandsense]

PLO, you still may have not been wrong...they may have closed today. did you hear that they were closing today or PR was today?