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Re: tradersrule post# 74175

Monday, 07/12/2010 9:53:21 PM

Monday, July 12, 2010 9:53:21 PM

Post# of 233823
July 13th - Not July 14th

The T+3 rule means July 13th will be the last date. E*Trade told me the T+3 rule is Trade plus three days for the clearance of funds.

It will not be the 14th. The stockholder on record determination will be based on the 13th. If you buy later, do not expect the distributed shares to come to you; they will not.

White Cobra

ONE MOVE AT A TIME !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


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