posted
I am very new to trading. Fortuantly I read the cmkx posts and got in for a million at 0001. Anyways I have been reading about these divdends and other things. Someone a few posts back said that if you got in at .0001 you would be holding free shares. Could someone take the time and explain why its a good thing and any other advice would really help.
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i agree,though, dividend stuff is real confusing. can somebody state how much one with 1 mill of cmkx would get in dividends (which i have learned to be other stock). Also, is there a date before late september that you have to get in in order to recieve these dividends?
quote:Originally posted by vandy: I am very new to trading. Fortuantly I read the cmkx posts and got in for a million at 0001. Anyways I have been reading about these divdends and other things. Someone a few posts back said that if you got in at .0001 you would be holding free shares. Could someone take the time and explain why its a good thing and any other advice would really help.
It's funny, My name is in your topic heading so.....I guess I should respond. I think what you may be reading with free shares is, If you buy 1,000,000 at .0001 this would cost you $100. Let's say now it goes to .0003 you have gained $200.00 showing $300. Now you decide to sell 500,000 shares at .0002. You have your $100 back in pocket as well as 500,000 free shares. Hope this helps a lil'.
quote:Originally posted by vandy: I am very new to trading. Fortuantly I read the cmkx posts and got in for a million at 0001. Anyways I have been reading about these divdends and other things. Someone a few posts back said that if you got in at .0001 you would be holding free shares. Could someone take the time and explain why its a good thing and any other advice would really help.
If you are in @.0001 you are in good shape. Dividends flow from value(excess cash,assets,etc) The manuvering is caused by an unknown problem, but is out of shareholders control. POSITIVES 1-Neighbors have found very large diamonds 2-Company owns most of suurond land rights 3-Company hired a good lawyer who seems to be in control NEGATIVES 1-company does not put out much information on each pr 2-PPS lower than perceived value -=-=-=- VAN
[This message has been edited by VNGNTN1 (edited August 03, 2004).]
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