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re: Penny Stocks

Posted on 2/12/14 at 9:17 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10243 posts
Posted on 2/12/14 at 9:17 pm to
Probably not until at least 2016. Click the link and see what they are sitting on. It takes years to produce it. They are producing some now. No company does a FINRA compliant stock dividend like this which immediately lowers the cost basis to current share holders without diluting ownership, and the shares they are issuing to the other companies for leases, before dividend, are valued lower. It's about 1.60 -v- 2.00 in real math. One guy on Seeking Alpha disagrees, but he clearly has no clue what he is talking about.
Posted by Chris Farley
Regulating
Member since Sep 2009
4180 posts
Posted on 2/12/14 at 10:39 pm to
What hedge funds are on this?
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