Wednesday, July 16, 2014 6:17:40 PM
There may be a selloff of MCIG after the SEC effective statement by people that have been waiting for the VCIG dividend. The amount of the selloff, if any, is anybody's guess. However, I would expect a good PR from MCIG might mitigate the hit on the pps. We won't see any pps on VCIG for at least 30 days after the effective statement when it starts trading. Any impact on MCIG will happen on the XDATE. Your scenario doesn't make sense.
Les
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