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Tuesday, March 30, 2010 3:36:15 PM
But I can tell you: FINRA is not "cool." If they think that someone is getting an 80% scam bonus (which is essentially what you are talking about - selling your current shares at the pre-split price, and then getting 4 extra shares which you can sell at post-split prices), they aren't going to be "good" with that.
If someone tells you that you can do this...well, you know what they say about things that are too good to be true. Here is a quote for you:
"I'm sure you've heard the expression, ‘If something sounds too good to be true, it probably is.’ Well, in the investment world, I say, ‘If something sounds too good to be true, it definitely is.’"
--- [1997 Washington Times 3 June B7]
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