quote:Originally posted by OnceApenny: The company announced today that NASDAQ has set the X-Dividend Date as March 15, 2006. The dividend of 1,000 preferred shares for every 1 common share held of record on March 17, 2006, is to be paid on March 31, 2006.
Think the Ex date is March 15 at 4 pm.
No because you have to own the stock BEFORE the 15th. If you own the stock when it opens at 930 you get the div. To own the stock at 930 on the 15th, you would of had to have purcahsed the stock prior to the close of the previous day.
Why do you think its called the EX-divide date? If you buy on or after the 15th you get crap, the ex date is the first day after the dividend.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion*
IP: Logged |
posted
Posted by: Shmush In reply to: janice shell
Janice, If you don't hold a position, then why do you care if people that do hold a position think it's shorted? Maybe a better question all together is, why do you care about this at all?
.................................................
Posted by: Shmush In reply to: janice shell
.....................Q. - Janice could you please answer my question? Thank You.
Posted by: janice shell In reply to: Shmush
A. - I get VERY tired of answering that question. I'm here because I like to have fun. And this is a very funny story.
posted
LMAO Sniper! I guess if you're gonna post at this time on a Saturday night/Sunday morning it's gonna be good. Just wish I would have found this- nice work.
IP: Logged |
posted
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.
In this example, the record date falls on a Tuesday. Excluding weekends and holidays, the ex-dividend is set two business days before the record date or the opening of the market – in this case on the preceding Friday. This means anyone who bought the stock on Friday or after would not get the dividend. At the same time, those who purchase before the ex-dividend date receive the dividend.
With a significant dividend, the price of a stock may move up by the dollar amount of the dividend as the ex-dividend date approaches and then fall by that amount after the ex-dividend date. A stock that has gone ex-dividend is marked with an "x" in newspapers on that day.
Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid.
If you have questions about specific dividends, you should consult with your financial advisor. You can also get information by going to your library and reading Standard and Poor's Dividend Record Binder.
But hey, I don't know what else folks are arguing about, but I see "Janice Shell" higher in the thread. Whatever she's saying, I'd pay attention to, fwiw...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
posted
Janice is bashing PAIM on the ihub boards. I agree you should proceed with caution for the long term but she says naked short selling doesn't even exist. I'd also proceed with caution with anything she says.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion*
IP: Logged |
quote:Originally posted by SuperSniper00: Janice is bashing PAIM on the ihub boards. I agree you should proceed with caution for the long term but she says naked short selling doesn't even exist. I'd also proceed with caution with anything she says.
really? as I remember her position, it's been that NSS is not the boogeyman many make it out to be...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
posted
yea i pay attention to those two alright and the fact that 9 times out of 10 everything they're ever on make very significant moves north.
like us i'm sure their time is also very valuable and imho they're here all over PAIM for a reason.
..noticed last night (on IHUB) Jim's last post was about 3:30am in the morning.
working overtime i'd say hmmm....
-------------------- Take one step forward, no more, no less and next will be revealed... 'A Rich Man's Secret' - http://tinyurl.com/8xwcf
IP: Logged |
posted
DoM was a fake country someone by the name Pearlasia aka Elvira Gamboa created with a few others. They set up banks from thei fake country and made a lot of money. They even created fake passports and got into several countries with them. It happened back in 1994. Whether this pearlasia is the same one, who knows? Even if she is I dont think it really matters because with a possible squeeze and interest in free stuff (the dividend) PAIM is gonna run hard monday and tuesday just like i've been saying for weeks.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion*
IP: Logged |
from what I've seen? nobody is saying this ain't a decent lotto play...
puppie was wondering about peeps following such plays for fun...have seen lottsa folks question Jim and Janice, as well as a few others--most know very little. (eg, some poster over there was trying to tell Jim that MMs can *not* legally short. LOL)
It *is* fun to keep up with shenanigans; I personally learn from them; just makes to sense to me to know the angles of whatever game you're playing. I *like* "geek plays*--can be quite profitable, and you nearly always learn sumpin new...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
posted
Hi there ! I'm kinda new at stocks. I started last month putting $500 to USXP. It had huge volume than and made me $3300. Currently I put some money to PAIM at 0.0002 but I don't understand at all your conversation. What are divs? Is it good or bad? should I keep it or not? Last week week I got $600 from ADVC (nice move . Currently I keep CNES, FMLY, USXP, GWGO (what's your opinion on that one?) PAIM and RSHN. I don't know really if I should sell some of them and put more into PAIM. Is there anyone on that forum that makes some serious money from stocks? Thanx for your opinions
IP: Logged |
posted
divs, divvy, divvies = dividend(s), could be stock (different classes, different trading rules) or cash. Market usually reacts well to more shares from forward split (f/s), such as 100 becomes 1,000, eg; market dislikes reverse split (r/s), such as 1,000 becomes 100.
long-term, PAIM not for real, in all likelihood, but may be quite the lotto play. Experienced traders will prolly sell into the expected run, taking profit and leaving some on the table, realizing that the billions of divvy shares may be worthless, but if they're generated from "free shares" (or close enough to free), then, what the heck...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
posted
Given that the divy stock will be worthless for a long time... is it more wise to unload tuesday at 4:25pm and take the profits (15.6m shares *.0002) or stick around till wednesday morning and get the divy stock and try to unload while everyone esle is also?
IP: Logged |
quote:Originally posted by BuyTex: better idea: think it through, your scenarios, then post what you come up with. What Wed's date? remember ex-date is too late for divvies...
I'm already in with 15.6m shares so if I keep them till wednesday I'll get the divy. What I'm asking is if it is wiser to not be greedy and take a guaranteed profit or be greedy and hope I make as much on wednesday because I'm trying to sell when everyone else is selling and the price is falling due to the massive sale volume.
IP: Logged |
posted
ya, you're right about holding for divvy...sell before Wed and sell due bills...
Can't really "tell ya" what to do, man...you gotta balance your risk and gain. How do you feel about losing dough? How do you feel about making some profit but others go on to multi-bag profits? That's why we say have your exit strategy in mind before you buy...clarifies the thought process
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
posted
what tex said. Nobody should make the decisions for you. BUT if you are not willing to risk and potentially "lose" everything...then protect yourself.
In my situation: PAIM is the first buy for me in months and i am just trying to get back into this. I cannot risk loosing from these first few trades, my $$$ holds are low
posted
I'm only investing money I will not miss if I lose it all tomorrow. I guess the best question I should ask is when do the MM's have to have shares bought back so they don't get jammed up? I assume they have to have them by COB on Tuesday just like us correct? I'm assuming that's when the price is going to drop again.
posted
How nice would it be if Pearl put out an earnings forcast in the 10's of millions for the first quarter ending March 31'st based on all the gold they have found, collected, and sold? Will this company ever have an earnings statement? Been looking all weekend and there is nothing to be found with any of the other companies in Pearl's past that shows and kind of income, how does that work?
-------------------- "Man who excels at putting worm on hook is Master Baiter"
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
. Currently I keep CNES, FMLY, USXP, GWGO (what's your opinion on that one?) PAIM and RSHN. I don't know really if I should sell some of them and put more into PAIM. Is there anyone on that forum that makes some serious money from stocks?
