Think'SHO'Tank

[vikingzskillz]

BFHJ *Shorts need to cover(Float 39 million) by march 5th as ex-date or they are short 7 fold!
Beneficial Holdings Inc. Announces Tentative Dividend Ex-Date and Addresses Verified Short Selling Problem
http://money.cnn.com/news/newsfeeds/articles/marketwire/0589078.htm
Link below shows shorts for BFHJ JAN 2010
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46951839


I believe in a dividend deal as this, funds must be settled by the ex-date so they may need to be bought before the 5th.

6 tradable dividend shares for each 1 you own to get shorts to cover pr companies latest PR

Understanding of short selling, then you probably know that as a short seller, you are required to make up for any benefits a long investor would receive if he or she had actually owned the stock.
http://www.investopedia.com/ask/answers/03/122203.asp


Shorts must cover - If the stock you borrow pays a dividend, you must pay the dividend to the person or firm making the loan
http://www.sec.gov/answers/shortsale.htm

Someone correct me if i'm wrong

Will be interesting starting March 1st, going into dividend week...