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Monday, February 27, 2012 9:57:53 AM
I emailed them last week asking if FINRA had been notified of the split. got no response. wondering since this is their first split if they even know what they have to do.
a stock is said to trade "cum-dividend"(with the divy attached) once it is announced. it will trade that way between the rec date and xdate.
you buy it on 2/29 and hold it through the xdate you will get the split.
you sell it, between those dates,you are also selling your right to the divy away
you buy it, between those dates,you are also buying the right to the divy.
might be something to ask them during this interview
at this point we don't know what the ex-dividend date is!
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