just1fl, I have looked on the SEC website for the rules,
and can't find anything about it. I'm asking for proof that shorts have to do the impossibility, paying restricted shares of the new public company.
The only reference I can give on the subject is a couple of really good people in the financial sector, and they say that Stock dividends are different and don't have to be paid if you're short.
When you're short a stock, and the company you're short pays a CASH dividend then it is full-well possible to pay the company the dividend on the shares you're short. However, paying restricted stock dividend if you're short, is not full-well possible, but an impossibility.
I'm asking for the kind gentlemen to show his proof. I only have an hour of research that turned up nothing on the SEC website and word-of-mouth from some informed people in the financial sector.
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