OTCPK:MAUXF - Post by User
Comment by
lightning99on Jul 16, 2012 1:42pm
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Post# 20117843
RE: dividend
RE: dividend X-div is on the 19th.. so you will have to own it by the close on wed the 18th... you can sell it on the 19th and still get the div.. I imagine there will be a big load of selling when the 19th hits.. if they time a positive news report this week that might slow the selling but almaost everyone holding this stock for the long term is in a good profit position so there will be some holding for div and divesting or liquidating after this.... Im not saying it will go back to a buck but I wouldn't be suprised to touch back to 1.20 for a temp dip. It went up so fast from 1 to 1.40 there is just no suport until arount 1.15 or so.
Good Investing,
Lightning