Replies to post #273 on AmBase Corporation (ABCP)

[iheartweimers]

I don't understand how they could pay the $2 dividend one
day and then the stock opens at $1 the next. Could I have
sold the day after the ex-date for $3 or whatever the high
was that day, and still collected the dividend? That's how
it works with any other stock I've ever seen. If I had had
any clue that they were not going to enter some business
I surely would have as I bought 3000 shares on the divi
announcement. I am holding some stock in shells also,
but not this one, at this price. I'm also curious as to why
is it trading and even trading up to the present $1.21?