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Biotech / Medical : Pain Therapeutics, Inc. (PTIE)
PTIE 12.08-1.3%Jan 21 4:00 PM EST

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To: Steve Lokness who wrote (25)12/18/2010 3:53:44 PM
From: DewDiligence_on_SI   of 28
 
>Interesting price today - but maybe I am missing something? Yesterday was day of record for the $2.00 distribution but stock is down very little. Well starting to drift down a little - but .31 cents! What am I missing?<

When a distribution is worth 25% or more of a security’s market price, the nominal record date is immaterial; in these cases, the ex-dividend date is the same as the payment date (Dec 13 in this instance).
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