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The Buckle, Inc. Message Board

  • wobatus wobatus Sep 21, 2010 12:43 PM Flag

    It's hilarious

    that Buckle's price goes down $2.60 or more because a $1.80 extra special dividend isn't declared, a special dividend which automatically makes the share price go down in equal measure upon receipt, and which is already money which belongs to the shareholder anyway, just by virtue of his ineterst in the company if not actually in his pocket (where it is subject to taxation).

    Hey, I like the special dividends too. But the market reaction is way out of whack. of course, it had risen perhas in anticipation, but then again, it had fallen to well below fair value as well.

    Long term buy.

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