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matrix

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matrix

Re: samaelrocks post# 141403

Tuesday, 01/02/2007 12:41:24 PM

Tuesday, January 02, 2007 12:41:24 PM

Post# of 169275
Um, what additional six shares? The daily lists don't reflect CSHD as issuing any divvy or split.

A company which wants to do something like this must notify NASD ahead of time. They in turn assign an ex-dividend date. Without this date, the entire system has no clue which longs are owed a divvy and shorters have no obligation to cover.

-----
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

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