InvestorsHub Logo
icon url

snow

08/22/12 2:56 PM

#16546 RE: treit2002 #16545

treit

It would have been fine if we had received the cash dividend the normal way. This solution involves a lot of hassle and and uncertainty. I may lose the value of more than $ 2,000 compared with no dividend at all because of this idea. How can you expect me to happy with this novel way of paying a cash dividend?
icon url

Lucky Loser

08/22/12 2:57 PM

#16547 RE: treit2002 #16545

Exactly. Come October, I'll be sending in my form, and sitting back knowing that I'll have thousands of dollars coming in the mail come May 2014.

Oh, the agony of it all.
icon url

Traderfan

08/22/12 3:06 PM

#16548 RE: treit2002 #16545

I don't think it's "bad". I think it's not worth it but that's just me. It's a complete non event for me. I'm sure some big long term holders here like it. I don't think the divi news today or the fact that some people don't like it has too much to do with the selling. I mean this is just normal business, they often sell the stock down in the last 2 hours of the day. The same players are bringing down the ask.

As far as I know (and please correct me if I'm wrong) the plans in the first place were to get a stock divi besides the regular cash divi. The difference is that people immediately have something in their hand if they get additional stock. Now I realize there are regulations apparently which prevented their plans?? Not saying that I would even like an immediate stock divi.

Eiher way, did anybody here really expected excitment here today because of this news? I guess not. So we are back to usual business. CC, investor tour, will be a few interesting weeks coming up.

Now I personally am very interested how the stock reacts if we go below 40 cents again. If that will even happen.



How this is bad escapes me
icon url

viking86

08/22/12 3:27 PM

#16555 RE: treit2002 #16545

Treit: you cannot please all the nuts out there. All this generosity and keeping their word and ppl still find of way of distorting things. Unbelievable.