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To: MCsweet who wrote (35326)9/10/2009 2:29:23 PM
From: Paul Senior  Respond to of 78470
 
MNDO. That was a nice find. Congrats on the pick.



To: MCsweet who wrote (35326)9/10/2009 5:24:23 PM
From: anializer  Respond to of 78470
 
Looks like a decent percentage gain from your initial post when it was around 60 cents. Congrats. For reasons previously mentioned I never tried any.



To: MCsweet who wrote (35326)11/23/2009 1:00:56 PM
From: MCsweet  Respond to of 78470
 
Update on MNDO and SUAI,

For anyone still involved in MNDO, the 0.80 dividend was approved today. I sold a little more today, but still plan on holdings some. My main problem will be that the dividend (likely a return of capital) will be above my cost basis on many shares, which complicates things. Don't hold this in your IRA, or you will lose 0.16 to the Isreali government that you cannot get back. If you own in a regular account, you get a tax credit.

SUAI recently converted into TWGP, and I plan to continue to hold this since TWGP seems like a reasonably well run company at a decent valuation. Also, I've got huge gains on SUAI that I'm not inclined to take, since I'm back on taxpaying status. I thought it'd be years before I worked off my capital losses, but markets are crazy.

MC