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Nope that is why it has a due

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leftovers   Sunday, 02/02/20 09:40:45 AM
Re: not one red cent ~NORC~ post# 36
Post # of 81 
Nope that is why it has a due bill attached to the shares. This is why they say you have to hold your shares until that date because if you sell them before then your due bill will assigned over to the new buyer!

I received my dividend on Friday and if I sold them on Friday as well I would of had my dividend removed and placed into the New buyers shares account.

Monday we can sell but it will be 12 dollars lower so it would just be a wash. I have followed special dividend stocks for years and know exactly how they work.

I did an experiment this time by buying Puts Not sure if the Put strikes will be adjusted or not? I will find out soon!

I defiantly will be buying Calls once I see where the price stabilizes. Long term NLOK looks like strong company

---The Happy Trader
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