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new2you

04/07/11 2:59 PM

#499 RE: southflatrader1 #498

Yep very wierd. I guess the 3:1 stock dividend language didn't reel to many in. Why not just call it a 3:1 stock split?

I shot IR an email a few days ago...no answer though. Probably fell asleep watching their own stock.
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J T

04/07/11 3:58 PM

#508 RE: southflatrader1 #498

TDA won't let ya buy it, that prolly don't help the volumn. and FINRA hasn't set an ex-date yet. if those dates the company has come up with stand, then ex-date would be monday 4/18, rec date 4/8, paydate 4/15. which means ya need to own it on 4/15 at the close to get the divy (4-1 stk). lot of peop that play splits/divys won't buy till they see it on the daily list, which happens when FINRA sets the ex-date.