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re: Penny Stocks
Posted on 2/12/14 at 9:17 pm to Jwodie
Posted on 2/12/14 at 9:17 pm to Jwodie
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 on 2/12/14 at 10:39 pm to Iowa Golfer
What hedge funds are on this?
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