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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: StocksDATsoar who wrote (68712)10/27/2000 11:46:52 AM
From: y2kfree_radical  Read Replies (1) | Respond to of 150070
 
ACEN-there is massive confusion and misinformation displayed on RB board imo--people are being told stock will be at same price ex-dividend as it was b 4-without immense buying the stock will reflect the 3:1 dividend in its price--in a vacuum it would be at $.25



To: StocksDATsoar who wrote (68712)10/27/2000 12:36:50 PM
From: LANCE B  Read Replies (1) | Respond to of 150070
 
ACEN-FOR THOSE HOLDING..
this is a dividend of 3 shares which means you must own 3 days prior to the date of record...the price does not chance,(NOW DOES SUPPLY AND DEMAND CHANGE THINGS AFTERWARDS DEPENDS ON MARKET AND NEWS PUT OUT BY COMPANY)
unlike a forward split where it is the samme price just divided by 4,you get 3 extra shares for whatever extra price it closes at by the time the dividend occurs..


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