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Re: Aprildollars post# 48648

Tuesday, 05/14/2013 12:09:35 PM

Tuesday, May 14, 2013 12:09:35 PM

Post# of 146837
Whether it be cash or stock dividend, short sellers would be on hook to pay said dividend at ex dividend date to rightful owners from whom they borrowed the stock. Likewise, naked shorts on their phantom shares. Therefore, a dividend announcement can drive short covering.

skto