OTCPK:CMLEF - Post by User
Comment by
Tonydeon May 07, 2018 6:43pm
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Post# 27994231
RE:RE:$12.44
RE:RE:$12.44
Well snake, I won't get excited yet if I was you! This happen every month. The price goes higher 5 to 10 days before the distribution date. I don't think that the appreciation in the price of this stock has anything to do with May 8th. Those investors that reinvest their distributions ( through their broker) have to pay a higher price ( weighted average) and get fewer sharers for their buck!! It use to be even worse when Cominar had their own DRIP! Having said that, as always I Hope that I'm Wrong. I like your way of thinking, "heading to $13.00"! We have to wait until tomorrow.