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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > blown way how many times the same questions
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Post by stockmyster on Jul 17, 2012 11:03am

blown way how many times the same questions

come up in the past little while. Read some of the posts here please before asking the same questions. Yes you have to buy the stock on July 18th to get the dividend. If you buy it on the 19th you get no dividend. Second yes the insiders are selling to exercise their options hence the share price dropping.

Do we finally have that covered?

I am going to say the share price is going to start to climb after the 18th. The shareprice falling because of the insider selling so once that stops I expect a recovery.

Comment by AdamJT on Jul 17, 2012 11:06am
Not sure if it will climb until they officially announce those quarterly dividends in September. Either way you get paid to wait with the dividend. Only short term traders/investors think linearly about SP. At 1.42 that 10 cents is 7% coming your way in weeks. Not to bad and makes sitting on a pull back or scaling in pretty easy.
Comment by Traderfan on Jul 17, 2012 11:13am
What's the deal if people have the stock in their account on the 18th but sell out on the 19th or 20th? Would they get the divi?