"Tex, the company did not have a choice on the Ex-
Post# of 11040
Posted On: 08/23/2015 1:04:10 AM
"Tex, the company did not have a choice on the Ex-date"...
TheSittingtight1 Sunday, 08/23/15 12:19:12 AM
Re: TEXASOIL post# 18318
Post # of 18353
Tex, the company did not have a choice on the Ex-date. That was determined by the Nasdaq Rule 11140(b)(2) and if you think about it, shorts got hit even harder because of it.... LOL it's not like the stock was trading 3 to 4 times the dividend. They would have to sell short again 3 to 1 to cover them the other side trying to buy back 4 to 5 time cheaper. LOL Like I said before The Perfect Storm.... We win
TheSittingtight1 Sunday, 08/23/15 12:19:12 AM
Re: TEXASOIL post# 18318
Post # of 18353
Tex, the company did not have a choice on the Ex-date. That was determined by the Nasdaq Rule 11140(b)(2) and if you think about it, shorts got hit even harder because of it.... LOL it's not like the stock was trading 3 to 4 times the dividend. They would have to sell short again 3 to 1 to cover them the other side trying to buy back 4 to 5 time cheaper. LOL Like I said before The Perfect Storm.... We win
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