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Re: Is this not the weirdest thing that a stock has ever done?     22-Apr-09 03:21 pm    
No...
the $4.58 was priced into the stock when the dividend was announced. it was trading below $4.58 per share when the dividend was announced, so essentially any stock holders got free money. The dividend was paid so now the cash is gone off the books. There is little left of this company besides the cash they piled up in better days. They may sell off the residuals, but it's unknown what that is worth, but most likely below the $2 per share that the stock was at after the cash was given away.

Good luck.
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nfpcomp

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A special dividend out of nowhere of 4.58 a share??? ...
we_are_winn... Rate it 22-Apr-09 03:12 pm  
 
Re: Is this not the weirdest thing that a stock has e...
nfpcomp Not rated 22-Apr-09 03:21 pm  
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Ulticom Inc. (ULCM)

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On Dec 16: 9.15 0.00 (0.00%)
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