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ljk

Followers 17
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Alias Born 11/30/2002

ljk

Re: Rien post# 8873

Monday, 07/28/2003 7:22:06 PM

Monday, July 28, 2003 7:22:06 PM

Post# of 48422
Rien: I meant to respond to your earlier post about silver today. Do you have any idea why it has been moving?

I have a good friend, to be 97 next month, who was stuck with a lot of silver and unfortunately had it held with a company that has really been gauging on fees. We sold a bunch of it over a year ago and they buy it from you, taking the spread -- basically they make the market: set her sell price and their buy price. Well, they also charge monthly storage fees, so this very long term investment was a big loser for her. She had me send a letter recently authorizing a sell for $5 US or better and they sold the rest of her position, finally, but of course now it's soaring. We've been watching it for several years and she had set $5 as a price she'd accept, so that's what she got.

All: I have a question on another matter. On ACG, I think it was posted that the ex div date is the 31st, so I always get mixed up about that. If you sell on the 31st but had it for part of the day, do you get the dividend, or do you have to sell on the next day to keep the dividend?

Linda

I got shot off my horse. So what? I'm up again. Mark Knopfler

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