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How soon will the ex-dividend date become public?
As HRHR would say... %$)
Record date is Friday 9/15, ex dividend date (still tbd, "normally 2 days prior") would then become Wednesday 9/13. The question is the 3 day settlement period...
Do you have to be settled by 9/13 or not. If you have to be settled by 9/13, then the last day for purchasing for dividends would be Friday 9/8.
The bottom line is the NS need to be covered in a VERY SHORT period of time!
So I would read that as an even smaller time frame for the NS to be covered...
Am I correct?
jrod, after reading the SEC website on ex-dividend dates I believe they have to cover in LESS THAN 9 trading days. If you read the example at their site (link provided below) you see that the NASD will set the ex-dividend date (which is NORMALLY 2 dates prior to the record date) and if you don't own it on that date you don't get the dividend (or in the shorts case, they will owe them to any NS not covered).
At least that's how I read it...
http://www.sec.gov/answers/dividen.htm
LOL!! That works too!
Mike Tyson/Pride DD:
MIKE TYSON SIGNS WITH PRIDE
PrideFC News
Last Saturday, the baddest man on the planet was a suprise guest at PRIDE FIGHTING'S press conference to announce his official signing with PRIDE. The boxing legend addressed the crowd saying that he will be participating in PRIDE sometime in the near future.
Tyson also revealed his feelings about PRIDE saying that it is the best fighting organization in the world with the most talented fighters, and that he is happy to be a part of PRIDE. Tyson, who at age 20 became the youngest man to win the heavyweight title, has long been a fan of mixed martial arts with Fedor Emelianenko and Vitor Belfort as his two of his favorite PRIDE fighters. It will be interesting to see what type of fight is held? No Details in what type of match he would participate in.
http://www.subfighter.com/article2590.html
OK, let's put 2+2 together...
Fact - Mike Tyson just signed with PRIDE.
How much money will PPV Mike Tyson make in the US? Think about it!
TFN signs US Carrier deal(s), and contracts with PRIDE to broadcast PRIDE events. This might also explain a hostile takeover attempt by the billionaire brothers who own UFC...
This could unfold into a monster, and I mean MONSTER week/month.
Definately like bb as well, but he doesn't post here, that's why I didn't mention him. There are alot of other good people and posters here (I didn't mean to slight anyone). Just with all the confusion/chaos that the "new group" of people are creating, I was trying to give Neal a core group of posters who usually have something of real hard value to say/consider when they post.
BTW, I did ask bb earlier today on his board about BKMP and he said "BKMP yes another run to test 0015 wouldnt surprise me".
http://www.investorshub.com/boards/read_msg.asp?message_id=13095914
Neal, posters worth reading...
highriskhighreward
jrod
LP640 (great DD'er)
seabiscuit
osignal2001
analyzethis (when he's on his meds lol)
Rasica
and of course me, for my wit, humor, and personality...
Maybe LAMP isn't that far off with their sell order in @ $1.01 on L2 these past few months LOL!!!
Nice DD AT!
Neal, LOL... just my thoughts on where this is all heading.
HRHR, can't wait till BKMP DISHes it out DIRECTly to the MM's this week, making them BUY BACK all the shorted shares!!! Hopefully it will be all of US that win!
BB, BKMP... thoughts with the chart looking good?
My thoughts exactly.
Banana, first off, best wishes on recovery. Second, there are solid sources on this board which have verified that it IS NOT a misprint, which leads me to believe we may be in for a massive buyback PR which in turn would lower significantly the number of preferred shares issued on 9/15.
An example DIRECTLY from the SEC website...
"Here is an example:
Declaration Date 7/27/2004
Ex-Dividend Date 8/06/2004
Record Date 8/10/2004
Payable Date 8/10/2004
On July 27, 2004, Company XYZ declares a dividend payable on September 10, 2004 to its shareholders. XYZ also announces that shareholders of record on the company's books on or before August 10, 2004 are entitled to the dividend. The stock would then go ex-dividend two business days before the record date.
In this example, the record date falls on a Tuesday. Excluding weekends and holidays, the ex-dividend is set two business days before the record date or the opening of the market – in this case on the preceding Friday. This means anyone who bought the stock on Friday or after would not get the dividend. At the same time, those who purchase before the ex-dividend date receive the dividend."
Again, the link for those who care...
http://www.sec.gov/answers/dividen.htm
With all due respect, this is incorrect. Please READ the quote below DIRECTLY from the SEC website.
"Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend."
http://www.sec.gov/answers/dividen.htm
This is ALSO from the SEC website...
"If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend."
Again, the link for those who doubt or care to try and misdirect the longs here...
http://www.sec.gov/answers/dividen.htm
Ex Dividend Date DD from SEC website:
"The ex-dividend date is normally set for stocks two business days before the record date."
This would put that date @ Wednesday 9/13/06.
Here's the link for those who care...
http://www.sec.gov/answers/dividen.htm
There is a BIGGER picture yet to develop!!!
I will NOT be selling a single share!
IMO there is a bigger picture yet to be painted here!!!
My take is that this PR was mostly a "marketing campaign", and it's worked perfectly. It has generated awareness, buzz, and excitement (over a long weekend no less)! This was a great first shot over the bow...
This week IMO should bring another PR (or two) now that BKMP has everyone's attention. Nothing like feeding a frenzy with more substance. Can you imagine a short squeeze in progress that gets US carrier news thrown onto the fire? Or buyback news?
GLTA BKMP'ers!!!!
NRA, latest jrod chart...
http://www.investorshub.com/boards/read_msg.asp?message_id=13088377
Rasica, totally agree!!!
All longs ask yourself one question...
Why are these doubt mongers suddenly here in full force working all hours of the night on a holiday weekend?
Until I hear a reasonable answer to this, I am convinced that we all are in a great stock at the right time to be long.
And of course, none of them will give a reasonable answer, they will either ignore this question or answer with more misdirection...
Jrod, thank you for your continued LOGICAL posts which along with very few others here I respect.
BTW, I agree completely with you on the T/A. This is set up for a huge run and I will be trading based on charts much like yourself.
Never thought i'd want a weekend to end so fast...
Mimurray, it's like trying to round up all the animals in the zoo after all the gates were left open at once...
LOL.
Repost of NEW DD: TFN is on EastLink Cable
http://www.eastlink.ca/cable/digitalchannels/index.asp
Realtor, doesn't matter to them. They only focus on the negative and are here to create chaos. They will NEVER acknowledge anything positive surrounding BKMP or TFN.
Ahhh, there she is, glad to see you Shelly, means the rest of us are onto something good here...
Ms. Hell you say... Is she hot?
Super, why DO YOU CARE so much?
Who gives a crap who bought what, when, or why? The only thing that matters is are you in or are you out for the upcoming run?
Obviously you were to stupid to get in, so deal with it...
Asking questions my a$$, you never acknowledge anything positive and only focus on the negative. You contribute nothing useful, only here to create doubt and chaos.
At least 1 person is posting useful DD, thanks LP640...
Oh please, spare us the drama super...
There will be ALOT MORE to this...
power forward72= LOSER who still thinks he's in HS...
"Me thinks" this is only the first stroke of paint on a MUCH LARGER picture that will be painted via PR's over the next few weeks...