Drone Services USA Inc. (DSUS)

[balamidas]

MUST READ BY ALL PVEC PLAYERS:HERE IS WHY SHORTS NEED TO BE COVERED BEFORE THE EX DIVI DATE TUESDAY 11 MARCH

From fool.com:


"OK, I understand the potential benefits and risks of shorting, except for one thing. If the stock I've shorted pays a dividend, am I liable for that dividend?

Yes. If you are short as of the ex-dividend date, you are liable to pay the dividend to the person whose shares you have borrowed to make your short sale. I must say, however, that if you are correct in your judgment to sell the issue short, your profits achieved thereby will certainly outweigh the small dollar amount of the dividend payout."

http://www.fool.com/FoolFAQ/FoolFAQ0033.htm


in other words

what is it more profitable for a shorter? to cover his 10 million shares shorted on PVEC or to be eligible to pay 11,428 $ on them to the one he borrowed those shares from in order to stay short ???

chase is coming