posted
I wouldn't be surprised if we see over 700 mil. vol. with many traders getting scare with seeing MM's trying to fill orders waiting at 13 and the probable E.O.D. RUN
-------------------- EVERY Day ABOVE GROUND is a GREAT DAY!!! Posts: 2086 | From: Long Island New York | Registered: Aug 2004
| IP: Logged |
posted
Better do your DD...this stock may well drop back to .0005 or so come Monday or Tuesday, after the holders get their free shares of the other stocks.
I've been in it and watching it for a long time. It has gone up like this before ( a couple of times) and then dropped right back down. There are over 8 BILLION shares outstanding so be careful.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
| IP: Logged |
posted
"Shareholders of record on July 29, 2005 will be entitled to receive the special dividend. The special dividend is expected to be payable on August 5, 2005."
Now, if I understand the three-day ex-dividend crap (which I DON'T) I would figure it's already too late to be a shareholder of record by the 29th.
And, if I'm not mistaken, no matter when the pay date is, if you're on record as of 7/29, you can sell on the 31st and still get your divies.
Can anyone who actually KNOWS what they're doing shed more light on this?
Posts: 1872 | From: right here | Registered: Apr 2004
| IP: Logged |
posted
Correction of OS...close to 10 BILLION. Seeing anywhere near the 4's is probably a pipe dream. I'd be happy for 2's.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
| IP: Logged |
posted
I think this will run to the divy and then go back down.Seems like everyone wants the divy and then when it happens people say that wasen't so good and just sell.Look what is happening to UNQT.
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
| IP: Logged |
posted
lol...I have 1.3 million...and will take my free stock and then profits.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
| IP: Logged |
posted
I DO own IVOC. I bought it in April and Sept of '04. My average is .0014. I can't TELL you how nice it is to see a zero in my P&L column, instead of some red number like all my others!
So, my question still stands. If it takes 3 days for the shares to be registered, isn't today too late to get divies?
Posts: 1872 | From: right here | Registered: Apr 2004
| IP: Logged |
posted
Got me. A little DD should answer your question. Google works.
I averaged down to .0008 last year.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
| IP: Logged |
quote:Originally posted by BlindMellonChitlin: Got me. A little DD should answer your question. Google works.
Gee, thanks. Never thought of that.
I've done all sorts of Googling on the subject. Problem is, with one stock, I bought 1 day before the record date, and got the divy, and with another stock, I bought 2 days before the record date and did NOT get the divy. Seems like the brokerages make their own rules(?)
The 3 day thing was back from when it took that long for the certs to be mailed (or something). Well, that no longer applies, and I'm rather sure I'm "of record" almost instantaneously. So, if a precedent has been set by ONE company, that had me "of record" the very next day, then I would think it should apply across the board.
My suspicion is, for those 2 days before the record date, the broker (Ameritrade in my case) buys shares for all their willing clients, tells them it was too late to get the divies, then keeps the divies themselves, since they are in the broker's name anyway.
So, no, I do not know how IVOC will be handled in particular. I'm of record anyway.
But I'd be interested to hear from those who bought today and buy tomorrow, whether they get divies or not.
Posts: 1872 | From: right here | Registered: Apr 2004
| IP: Logged |
However, given the volume and stock rise, a lot of money is betting this is not the case. The money is usually right, so I emailed the company and asked for a clarification of the ex-divy and record dates and any other changes. Either way I'm already of record having bought in yesterday.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
| IP: Logged |
posted
This is going up the right way,slow steady rise.Not all at once to bring it down.
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
| IP: Logged |
posted
The OS is nearly 10 BILLION so 100 million is nothing.
Is it possible that they are 'spinning off' stuff in a way that sort of rewards the long term holders in preparation for an RS?
I thought that I saw some statisics that the vast majority of the share holders are insiders. Like 85% or so. Might be mistaken.
I hope I am wrong.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
| IP: Logged |
posted
Blindmellon - If you are worried about this you can always sell.I do not see a R/S in the future.I think they will grow with the products that they have.
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
| IP: Logged |
Ex-Dividend Dates: When Are You Entitled to Stock and Cash Dividends
Have you ever bought a stock only to find out later that you were not entitled to the next cash or stock dividend paid by the company? To determine whether you should get cash and most stock dividends, you need to look at two important dates. They are the "record date" or "date of record" and the "ex-dividend date" or "ex-date."
When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.
Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
Here is an example:
Declaration Date Ex-Dividend Date Record Date Payable Date 7/27/2004 8/6/2004 8/10/2004 9/10/2004
On July 27, 2004, Company XYZ declares a dividend payable on September 10, 2004 to its shareholders. XYZ also announces that shareholders of record on the company's books on or before August 10, 2004 are entitled to the dividend. The stock would then go ex-dividend two business days before the record date.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
| IP: Logged |
posted
Oh yes. I will sell...as everyone eventually does. Just the timing is the question.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
| IP: Logged |
posted
My feeling is that those of us that have been in this stock for a long time and have seen it as low as .0003 would really like to sell now and get our investment back and a nice profit possibly. But because of the free stock expectation, we can't/won't sell until Monday at the earliest.
So there is a distinct possibility that on Monday there will be a major sell off.
Does that make sense?
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Roll Eyes]](rolleyes.gif)
