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swenglish

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swenglish

Re: Psionic Trader post# 1

Monday, 04/02/2007 8:13:22 PM

Monday, April 02, 2007 8:13:22 PM

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Quiet here huh?

i've never gotten a divy before, but why doesn't everybody buy this on the 13th, qualify for the divy, then dump it.

'The distribution will be paid on April 30, 2007 to shareholders of record at the close of business on April 13, 2007.'

So I could buy at 3:59 on the 13th, sell 1 minute into the next day; on monday (hmm...), and get my $$$ 2 weeks later? Seems a little too easy.

not to be insulting, i've just no experience with divys

Lycklig den som varit ung i sin ungdom.

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