In addition ...
E-TRADE told me they did not discover an ex-dividend date ... probably because WDHI is a spinoff. The following from the SEC website (as posted previously by Rider76) is probably the actual situation:
"Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid."
If this is the case, then the last day to purchase for the dividend was 4/28. And, as stated above, we have to wait until the first day after the dividend is paid in order to sell HNRC stock without losing the dividend.
I truly believe we had basher manipulation last week. There was an effort to invoke panic and confusion to get people to sell and drive the price down after Wednesday. Chances are that manipulators were able to buy HNRC shares cheaply by Friday due to the confusion surrounding the ex-dividend date.
The immorality and unethical behavior in the OTC and on these boards is astounding.
