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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > Get a grip
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Post by ncider on Jul 19, 2012 2:06pm

Get a grip

Most of the trading yesterday was at 1.47 so we are only down 0.03 after ex-div date. In fact, MMT is trading around yesterday's low so no real drop at all.
Comment by AdamJT on Jul 19, 2012 2:21pm
Ex-div date is today.
Comment by cookster9 on Jul 19, 2012 2:26pm
This post has been removed in accordance with Community Policy
Comment by AdamJT on Jul 19, 2012 2:28pm
Actually, not according to my broker. This will be in my account on Monday and eligible for dividends. You need different broker if yesterday was your cut off.
Comment by cookster9 on Jul 19, 2012 2:33pm
This post has been removed in accordance with Community Policy
Comment by ncider on Jul 19, 2012 5:03pm
"Actually, not according to my broker. This will be in my account on Monday and eligible for dividends. You need different broker if yesterday was your cut off." Just to set the record straight, I don't really care about the ex-dividend date as I've owned MMT for 6+ years and don't plan on selling any shares for a while. However, out of curiosity I looked it up. The ...more  
Comment by oullins on Jul 19, 2012 5:10pm
ncider.   Nice job my friend.   Cheers
Comment by AdamJT on Jul 19, 2012 5:37pm
Well hell. No more talking with junior idiots. So the ones in regular account get it and the ones I'd rather have don't. Lol. Oh well still like the value here and future divies.
Comment by ncider on Jul 19, 2012 6:37pm
Don't sweat it Adam. Go long on Mart and you'll stil make money in all your accounts. :)  
Comment by cookster9 on Jul 19, 2012 11:22pm
This post has been removed in accordance with Community Policy
Comment by AdamJT on Jul 20, 2012 1:43pm
I am long and not only in it for the dividend. The valuation upside is obvious. FY 2011 EPS of .29 and Q1 2012 EPS of .11. Just holding the same multiple gives this upside. Not to mention the fact that to many analysts are on the bear side calling for lower oil IMO. Thanks for the intelligent well thought out response though. It's refreshing to see posts like that stil on the boards and makes ...more  
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