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KnowProphet

06/29/12 6:04 PM

#405 RE: rayray2 #404

This was posted today more than once man-

For one thing, don’t expect to have the double the amount of shares to sell into the market on Monday. You won’t. Here’s how this con job works. Sometime in the next few weeks, the dividend will appear as a stock certificate in your mail or at your brokerage account. This certificate will have a legend on it, preventing form being sold under Rule 144 for a period of six months. That’s right. You won’t be able to sell your stock for six months! Once the six months has expired, you will need to spend money and obtain an SEC attorney’s opinion letter as to its free-trading status. By the time the dividend stock is six months old (and probably a whole lot sooner), EWRL will have followed the trail of BFLX and GBGM and be worth practically zero. But here’s the best part, the current share price will still be cut in half on Monday, due to the dividend.

So, not only do you not get your dividend for at least six months, but the value of your current holdings gets automatically cut in half. Sounds like a good deal, doesn’t it?