in my opinion they are nothing but manipulators; they don't hesitate to delete and censor posts with which they disagree; they are dishonest and make money off manipulation of stocks and then, brag about it
The dividend is payable on December 30, 2013 to shareholders of record as of November 1, 2013. The Company will announce the form of the balance of the special dividend on or prior to December 27, 2013. As required by NASDAQ rules governing special dividends of this magnitude, the ex-dividend date will be set one business day following the payment date.
"Conversely, if you buy stock after the record date (Nov 1 here) but before the ex-dividend date of a large special dividend, you are entitled to the dividend and will receive it via the due bill process."
see special rules for 25%+ divs -To be entitled to a special dividend of less than 25%, you need to be a stockholder on the record date. To be a stockholder on the record date, your purchase would need to have been made a minimum of three business days prior to the record date. The ex-dividend date, i.e. the first date in which a new buyer of shares would not be entitled to the dividend, is two business days prior to the record date (see ex-dividend date for exceptions).
In the case of a special dividend of 25% or more, special rules apply. If you sell stock after the record date but before the ex-dividend date, your shares will be sold with a book entry sometimes called a "due bill," which denotes that though the company will pay the dividend to your account (as the shareholder of record), your account must, in turn, turn that dividend over to the buyer of your stock. Conversely, if you buy stock after the record date but before the ex-dividend date of a large special dividend, you are entitled to the dividend and will receive it via the due bill process.
YOU brought it up and its either true or not - either you have proof or not - trial or pre trial means nothing unless you plan to change your story or play with evidence
The company expects to present detailed data from its Phase 3 trial of Allovectin(R) in patients with metastatic melanoma at a scientific conference in November.
say what???? throw in the towel? it did not receive approval - how is any of what you said misleading????? the allegation is that he over touted allovectin not that he "threw in the towel"
well at least you stand on your own two feet and take responsibility for your own decisions and trades. I hope you do great! I am talking about people who roll the dice and then when their # doesnt come up they want someone to cover them. also this bounced to 1.50 area giving some a chance to mitigate some losses; those who added at 1.20 did fine for a trade
plaintiffs' attorneys are trolling for so-called investors who lost 100k or more? are you kidding what moron would put 100k in to a small spec bio - that is NOT investing it is gambling and the courts do not cover your gambling loss
there are boilerplate allegations that management made "false and misleading statements" but there are NO facts to support the claim. all that is vaguely alleged is that management "touted" the potential success of allovectin. there are no facts to show management intentionally misled anyone. the complaint looks subject to a motion to dismiss. there are numerous other problems. they claim one investor "believed" FDA approval was certain. that is completely irrational and unreasonable. no one guaranteed FDA approval and everyone knows approval for any drug is iffy. even if they could prove a false and misleading statement that cannot show justifiable reliance. will some investor take the stand and admit he was so stupid as to believe approval was a sure thing simply because management talked positively? they also have a weak claim for damage. even if it was approved there is and was NO guarantee of commercial success. many bios pop on approval for a day or two but then sell off when the realities set in - marketing, partnerships, pricing, competition, etc. there are 100s of variable and no claimant investor could possibly prove certain profits. also, no class has been certified yet - how can there be a definite class of people with the exact same distorted, fantastical "beliefs" that the stock would go to the moon. VICL should vigorously fight these claims and file a motion to dismiss
put your koolaid down, obama has spent more than ALL prior administrations from george washington to GWB
lol so obvious to the buyers the last 3 days and the guy who just randomly picked up 60 k shares an hour before the bell last night. they dont have to worry about SEC