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Bullboard - Stock Discussion Forum Sycamore Networks Inc SCMR

Technology Communication Equipment
"Sycamore Networks Inc was incorporated under the laws of the State of Delaware on February 17, 1998. The Company develops and markets Intelligent Bandwidth Management solutions for fixed line and mobile network operators worldwide and provides services associated with such products."

OTCPK:SCMR - Post Discussion

Sycamore Networks Inc > Inexplicable!
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Post by mjh9413 on Oct 12, 2012 6:33pm

Inexplicable!

This one was mentioned  on BNN (top pick) a little while ago and so I put it in my watchlist...I still cannot believe they did a $10 spec div to  holders of record Oct 1 2012 but it really didn't reflect the ex div date and one could still sell at over $14 right up to Oct 10th!!!  Just an amazing event...buy at 15, sell at 14 and then get the $10 div...amazing, just amazing except for new buyers after the ex-div date who still held Oct 11th. It was unreal...
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