Interfor Corp T.IFP

$2 lower, not richer

[Hanalyst727]

Nobody is $2 "richer" You get $2 cash, but the shares fall $2 after the ex dividend date. The dividend is priced into the share price until then. It is a con job.

In fact you dont even get the $2 into your account for another month from the end of May till end of June - 5% of your capital un-investable for a month. 5% less equity in a margin account to borrow off of.

If you own options beyond May, you really get extra shafted - since the share price will be dropping by $2, all the options you spent good money on suddenly are $2 further out of the money, slashing your potential return and increasing the % the shares must increase to break even.

Interfor is supposed to be investing in lumber mills, yet they don't even buy the cheapest, easiest mills to buy on the market - their own. Somebody over at Intefor should get fired for not competing the NCIB by now. Take note board.

[filoux004]

Those are valid points, but what if lumber is at 1700 in a month surely the stock price will have appreciate and yr 2$ will taste very good. Patience take over will happen soon as any potential buyer wants to put its hand on this cash cow with no controlling shareholders, then again maybe collapse to 650, I'm in the camp plus 1000 for the rest of the year .people want there dream pandemic