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Bullboard - Stock Discussion Forum Counsel Corporation CXSNF

A financial services company

Bullboard (GREY:CXSNF)

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Post by payday2on Mar 29, 2014 6:33pm

HGBL in my account??

Checked my account and there it is ................ HERITAGE GLOBAL - HGBL 166 0.70 U 0.739 U 135.55 C +6.92 C +5.38 ...more  
Comment by bagcheeseon Mar 28, 2014 8:10pm

RE:RE:dividend ..?

Nice! Guess I'm not special enough to get this special dividend lol
Comment by MBertollion Mar 28, 2014 7:12pm

RE:dividend ..?

Its a special dividend... heres the news release- https://www.stockhouse.com/news/press-releases/2014/03/20/counsel-corporation-announces-dividend-of-heritage-global-shares
Post by bagcheeseon Mar 28, 2014 6:51pm

dividend ..?

Why are people saying CXS pays a dividend. As far as I can see it doesn't pay any dividend.. ?? Can anyone clear this up???
Post by Hasselon Mar 28, 2014 4:08pm

HGBL

Their earnings are coming out on Monday
Comment by Hasselon Mar 28, 2014 4:06pm

RE:RE:RE:Curious

It probably traded after 4pm on the Alpha Exchange. I'm with TD Waterhouse and that is what they told me.
Comment by Scotch12on Mar 28, 2014 1:10pm

RE:RE:RE:Curious

I had the same thing on my TD account (1.75 at the start of today). Again I believe that is because the stock is trading minus the divident  starting today. So presumably they calculated the ...more  
Comment by thompsonljon Mar 28, 2014 12:50pm

RE:RE:Curious

Why when the stpck traded @ $1. 90  at the end of the day on Thursday  it opened up  . 14 from  $1.74 . Does anyone know why ? Maybe it's just RBC
Post by Scotch12on Mar 28, 2014 12:43pm

Curious

It is interesting that Counsel started trading minius the dividend today and the stock has not gone down at all. Anybody who buys the stock from today on will not be getting the Heritage shares.
Comment by bagcheeseon Mar 27, 2014 9:32pm

RE:Heritage Global

$2.75 by mid summer. Hold your shares
Post by greendukeon Mar 27, 2014 4:05pm

Heritage Global

Counsel's balance sheet has to cleaned up before the bank application can be approved and this process is well underway hence the spinning off of Global. Patience is required here. Let the traders ...more  
Comment by Makemoney3on Mar 26, 2014 7:30pm

RE:April

Heritage shares have very liquidity b/c there is only about 30m outstanding and counsel owns 73% of that. So, once the share dividend is paid, liquidity will improve as people cash out. At present ...more  
Post by Hasselon Mar 26, 2014 5:10pm

April

I think the selling will stop on April 1. There are many people that don't want HGBL in their portfolio. The stock at the moment has no liquidity and we don't know how they are doing in the ...more  
Post by tradeteacheron Mar 26, 2014 3:28pm

Has been a GREAT short bet when the technicals failed.THANKS

I will cover a bit more today.  You guys have been great.  I actually missed all the news about what was going on and had an alert triggered so i just covered some more. I will get my $1.50 ...more  
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