Phoenix Associates Land Syndicate (fka PBLSQ)

[MrPastorious]

please explain how you come to the following conclusions.
1)-A cash dividend AUTOMATICALLY wipes out any FTD or short

I have been short several dividend paying stocks, and all that happened was I was responsible for paying the dividend. The same will happen on fail to delivers.

2)brokers scrambled to
cover the shares in street name by real certificates,
in order to receive the dividends from the T/A through the DTC

if a broker scrambles to cover, that means when he buys shares to COVER his short , he then has no position, he is flat. he gets no dividend.
your statement is loaded with misinformation.