Last week, the shareholders of Soapstone Networks (SOAP) elected to liquidate the company. It was determined that the shareholders of record on Friday, July 31st would receive the final dividend (if any) of the liquidation proceeds, which are expected to be doled out in the first quarter of 2010. On the company's last day of trading on the Nasdaq, SOAP traded for $7 million. Did this represent a value investment?
Thx for the story. I do not yet buy options, I onl... - Thx for the story. I do not yet buy options, I only sell puts and calls. Look at it this way: 21pct return to learn something. Sounds great to me
3 hours ago