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Thursday, August 13, 2020 2:19:01 PM
No one in their right mind would be short this stock, but I guess insanity is ruling the day. If someone is short a stock, and that stock pays a dividend, that dividend is coughed up by... you guessed it... the short seller.
So, not only does the short seller get to have nightmares about a short squeeze, they also get the final ignominy of coughing up real C A $ H on the spot to pay the dividend to whomever loaned them the shares they've shorted.
Gonna be fun the next couple weeks.....
So, not only does the short seller get to have nightmares about a short squeeze, they also get the final ignominy of coughing up real C A $ H on the spot to pay the dividend to whomever loaned them the shares they've shorted.
Gonna be fun the next couple weeks.....
"Luck" is when preparation meets opportunity. So, don't curse your "luck" because you weren't prepared.
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