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johnny2525

12/04/08 9:27 PM

#28859 RE: coaldollars #28857

Coal, thanks for replying. I can appreciate your position and I envy it because your going to be in great shape when all is said and done. Taking in consideration that tax rate, there is a number that your shares under x amount of money. If the divy is 14 cents for example then anything under x is not worth selling your shares out right for because you would technically make more money with the divy. Does that make sense?

Coal, in your experience once a company gives out a divy, does the share price automatically drop to the floor. Again lets say you get 14 cents for your divy and you have a million shares. You take the divy and hold your shares. A week later the share price is 9 cents for example. At that point you sell all your shares. Doesnt that mean that you have 23 cents a share worth of money in your account. In this senario i might be better just to get your divy and see where it goes afterwards because you would at least have 14 cents in a divy and the rest would be icing. That is of course unless the bihc goes crazy in price and you would be crazy not to sell out early.