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Re: TheMightyThor post# 57424

Thursday, 05/21/2009 11:53:38 AM

Thursday, May 21, 2009 11:53:38 AM

Post# of 76394
Hate to disagree with you but the EX date is June 1st. Just think about what price you would pay Fri afternoon, the 29th. You are buying pre-split & Mon. June 1st at 1/5th the Fri. close. On div paying stocks the div is reduced on the stock price on the ex date. This is a split, but I don't see it any other way.