nosey,
I think he is saying that if he buys the stock someone is going to have to provide Tyche shares if he is entitled to the dividend. That I believe is in the the SEC rules.
Perhaps you can post the rule/facts about selling a stock prior to ex-dividend and see who is entitled to the dividend? After all shorting a stock is in fact selling shares of the stock to someone else.
Just because someone shorts a stock doesn't mean the shorters do not have to provide/transfer the dividend to the entitled person, even if its naked short selling. If this were true as you illude to then I suspect there will be several people who will not get a dividend, perhaps you!
I would expect, barring naked short selling, that who ever is shorting the stock already owns the shares he is shorting so therefore will be able to transfer the dividend. The real situtation is that without covering his short positions he will lose his Tyche dividend on all shares sold short prior to ex dividend date.
After the Ex-dividend date the shorter will not get the Tyche shares back even if the buyer sells the stock back to the person shorting the stock. So the question the shorters are dealing with is how much value do they put on the Tyche shares versus the amount of money the shorters possible can make shorting the stock.