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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Buckey who wrote (87548)7/1/2001 10:50:04 AM
From: smackdown  Read Replies (1) of 150070
 
buck,

Please elaborate.

I first came aware of GASS from scanning this thread. Without diving into too much DD, I see a 16 cent stock offering a 2 cent dividend (albeit more than likely a 1-time shot - maybe not???)

Is "business" going that well that GASS can afford to offer a 2 cent dividend. With roughly 8 million in the float, they are really only paying out $160,000. And Blue Dolphin gets roughly $800,000 for their 77% interest.

To me, the dividend seems likely to happen again in the future. Again, what am I missing?? If I see interest Monday I will probably try to pick some up in the 15-18 cent range. (hopefully)
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