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nelson1234

12/06/12 7:23 PM

#149977 RE: stock_peeker #149960

peeker, re TWMC dividened....well, that's why I sold some. The ex div date was today for the special .47/share dividend, yet the stock opened up .05to $3.85, where my GTC sell hit. I captured the dividend plus a gain.

Fact is, I like TWMC alot, and bought back what I sold later in the day at under $3.50. If it drifts lower I'll add.

TWMC is seasonal, and they should put up great q4 numbers. In addition, the balance sheet is still super strong cashwise even after the .47 dividend. At the same time they announced the special dividend, they also announced the sale of company owned real estate in Florida...and that amount is even greater than the total div payment, so cash should go up (although I'd have to check to see if it actually closes in the Dec quarter to verify exactly when the cash comes in).

As I mentioned before, I only did it with a small piece of my TWMC inventory....but it was nice.

....and thanks for the info you posted......