When you say $12 of VZ stock - what price per share? If VZ continues to fall and the share price was selected at a much higher price, there may be no gain. Is this the problem we are looking at this morning?
Where are all of the folks that were suggesting this stock would open much higher today?
And if it goes higher because the VZ shareholders love the 100% ownership of VW wireless, then it will go up. But as all we have is today's price, (and now it is worth $11.31/share) that is what I am using. The exercise for me is to determine if after we receive the proceeds, what this will mean for the stock. Having it worth $20/ share and getting a $5 dividend and an $11 worth of VZ and having the pay the tax on those dividends, may not be with it to wait until Q1 to get these proceeds.
The goal would be that after all is said and done that I have at least $40 of proceeds after all of the distributions are done.