Wednesday, March 10, 2010

Emerson Radio

This one is interesting. MSN announced a special dividend of $1.10 on March 2. That day, stock was at $2.27. Today, it is at $4.64. I saw the announcement two days after it was announced. The stock was at $3.47, and I debated whether I should purchase it. Too bad I didn't do something on impulse.

Company is some sort of distributor of electronics, and it seems they make money. 2009 was a pretty good year for them for some reason.

2 comments:

Penny Stock Investing said...

I bought bell micro products in 2009 for 40 cents a share and received 6.50 a share for my share when the company was bought out. They are a worldwide distributor of electronic products and components.

QUALITY STOCKS UNDER 5 DOLLARS said...

Great news