InvestorsHub Logo
Followers 0
Posts 22
Boards Moderated 0
Alias Born 10/25/2006

Re: jabberstox post# 45278

Wednesday, 12/06/2006 3:16:57 PM

Wednesday, December 06, 2006 3:16:57 PM

Post# of 76867
I understand that, and thanks for the reply, but it wasn't the tricky part of my question. What I'm asking is this: If the dividend is paid before the shorts even have a chance to cover, what is the net result? They owe a share they can't pay, but were not given the chance to cover in advance, which I thought was the whole point? What happens next? They have to buy a shitload of restricted shares directly from Don to pay out to the retail holders of the NSS?