Just another quick thought on the shares being ret
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Posted On: 09/13/2019 9:01:31 AM
Just another quick thought on the shares being retired ... expect day traders who never had an interest in the div shares but recognized the opportunity presented by retiring shares to increase share value significantly to take profits. This may cause a panic sell and a lot of volatility short term.
I don’t know how the pay due bill works for those that sell shares and I don’t think the day traders care. For example if shares trade hands multiple times between aug 30 and oct 30 who gets the bill. I know it’s not the company but is it the last to sell the shares or the first. It’s very confusing but I would imagine it’s the last.
I don’t know how the pay due bill works for those that sell shares and I don’t think the day traders care. For example if shares trade hands multiple times between aug 30 and oct 30 who gets the bill. I know it’s not the company but is it the last to sell the shares or the first. It’s very confusing but I would imagine it’s the last.
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