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Re: dspin53256 post# 50798

Tuesday, 07/09/2013 4:45:20 PM

Tuesday, July 09, 2013 4:45:20 PM

Post# of 148335
I disagree-longs would hold their shares until the divi distribution date. Holders have the 3 day transition period-some say today-some say friday.
My account has a three day period for finalization.
Today was the day to get out if you needed= due to the 3 day lag.
Margin/option traders--today was the day!
They do not want to cover for the divi.
At todays PPS--more than 50%.