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Re: Bona Vista post# 2624

Monday, 09/16/2019 11:56:59 AM

Monday, September 16, 2019 11:56:59 AM

Post# of 3517
I know this will go against the grain here, but I'm not sure that the SEC would not be right to "disrupt" the dividend. It would be one thing if it were only going to cause a problem for illegal shorts, but it also causes trouble for legal shorts. Short selling is not a crime, it is part of the normal functioning market. Don't forget that one of the services that OSTK is trying to provide is "digital locate receipts," which are something to support the process of short selling. All that being said, I would like to have a better understanding of whether the dividend will cause any problem to the market of not. Stocks spin off shares in new companies all the time, and somehow things work out. The only differences I can see are 1) that the new shares will trade on an exchange that few people currently have access to, and 2) the shares will not be tradeable for a few months. I still wonder if maybe the idea is not to screw the shorts, but rather to get people to sign up with their trading system.
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