caesar00 wrote:
"If there are shorts, covering their position will not eliminate the payable dividend they owe (the SNDH stock). If they were short on the payable date, they owe the dividend, irregardless if they are still short or not."
That's what I thought, too, up until this weekend. That's what all the posts were about (particularly those from Uriah Heep). The shorts can cover their HQNT shares through 4/24 (the day before it goes ex-dividend) and relieve themselves of the SNDH dividend liability.
We're all waiting in eager anticipation for the 25th. I bought a few more HQNT today adding to my already sizeable (for me, anyway) position. Even if this dividend event fizzles, I believe DC has lots of backup ammo he's holding in reserve, ready to release between now and the 25th.
Good luck to all of us longs.
