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Re: TEXASOIL post# 18318

Sunday, 08/23/2015 12:19:12 AM

Sunday, August 23, 2015 12:19:12 AM

Post# of 54900
Tex, the company did not have a choice on the Ex-date. That was determined by the Nasdaq Rule 11140(b)(2) and if you think about it, shorts got hit even harder because of it.... LOL it's not like the stock was trading 3 to 4 times the dividend. They would have to sell short again 3 to 1 to cover them the other side trying to buy back 4 to 5 time cheaper. LOL Like I said before The Perfect Storm.... We win