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Biotech / Medical : Pain Therapeutics, Inc. (PTIE) -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (25)12/2/2010 1:29:52 PM
From: mopgcw  Read Replies (1) | Respond to of 28
 
very odd.



To: Steve Lokness who wrote (25)12/18/2010 3:53:44 PM
From: DewDiligence_on_SI  Respond to 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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