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Posted On: 12/24/2019 12:45:29 AM
Post# of 36568
Re: skipper1072 #10302
Good point skipper. If the price were $2 and 2:5 dividend given, then the price drops to $1.2. If at $0.50 then the price drops to $0.30. But now the price goes up $2 on good news, that $2 in the first scenario is a 266% increase. In the 2nd scenario, it becomes a 766% increase. Maybe that is why Joe is not concerned, or not public ally concerned, about the drop in price. Just a thought. May not be thinking about it correctly.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
