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Friday, 04/24/2020 1:08:41 PM

Friday, April 24, 2020 1:08:41 PM

Post# of 3517
I spoke to a Schwab representative just now about the digital dividend. Basically, shareholders will get a letter from Computershare telling them what to do. The more interesting thing was that I asked exactly how the ex-dividend date works. What I was told was that if you buy OSTK today and after those shares will not entitle you to the dividend. Fair enough, except that at this moment the shares are up 20%, which superficially at least is very puzzling. I had speculated that there were people who liked the company but did not want to deal with the digital shares. Maybe today's action is them piling back in.
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