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HMA - -$20 stock, $10 dividend this week.
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[QUOTE]Originally posted by PCola77: [QB] gp, you are correct in your assupmtion about $11 being the equivalent of 5%. I've only played this type of thing 2 times, but made money on both. I feel like this one is more likely to play out as you'd expect, i.e., stay at $10 after the dividend, because it is a big board stock. For some reason, dividend plays seem to work diferent with penny stocks. It's just that I see very little downside here, and a decent potential upside if a broker screws up and let's you sell on the ex-date for an unadjusted price, or if the price rebounds on a "bounce" off of $10 with buying pressure from people that didn't realize the drop was due to a dividend. like any of these stock, it's just a gamble. [/QB][/QUOTE]
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