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Wednesday, December 27, 2006 8:14:20 PM
I saw a post from someone saying his broker had received something about a dividend to be distributed from USSE... this would have been when all the divy discussions were going on...
then a short time later someone asked/wondered openly in a post if the divy shares would be trading shares, or restricted shares...
and I believe zardiw at that time posted that it was his understanding that the divy shares would be restricted... I am not sure where along the way I read the time frame being a year...
but I was thinking it would be two years (because JR's original 500M shares were 2-year-restricted shares), and then revised it down to only a year before becoming "tradeable shares"
of course, I may have confused some of this info from the volume of controversial opinion being exchanged at that time... I reserve the right to stand corrected by anyone with a better memory of these things! anyone have clarifying comments?
JMO...
"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett
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