Grifco Inc (GFCI)

[Dr Bill]

Disclosure: I lightened today, about half. There is no reason to think that this dividend thing will happen any time soon, and the market is verifying that.

I think that more people will be selling once they realize the full time frame of this event, and don't want to be caught in the equity for months with a "due slip" waiting for them if they decide they want to sell.

I guess, theoretically, it will possibly discourage short sellers during the waiting time, as they can also have to deliver shares of CTBG if they sell in between the dividend record dates and the exdiv date.

If there's going to be a run, I believe it will be once the ex-div date is announced.

RIght now, it's open ended. Might be Christmas before you get your shares and can trade them. Might be end of summer before the ex-div date...

I have my doubts as to whether the filing deadline will actually be met, there's only a few days left.