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Art2Gecko

03/24/06 1:34 PM

#77 RE: in2lite #76

all that matters is the ex-date which they neglected to get from nasdaq... thus the situation this is in.

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Mr. Bill

03/24/06 1:41 PM

#81 RE: in2lite #76

IMO dividends must appear on the daily list. Not been there yet. At some point in the future it will need to be for the dividend to occur. IMO it is a good idea to model yourself after someone more knowledgeable than ones self. I bought a stock YNOT at $4.85 and sold it at $19 (symbol changed to FRLK but no split). Went looking for "who bought cheap" and found SSP at .04 cents (.20 cents after the RS before the merger).

Some links that might help:
Posted by: Jim Bishop
In reply to: Dream who wrote msg# 83962
Date: 3/23/2006 10:26:27 PM
Post #

Rule 10b-17

Notice shall be deemed to have been given in accordance with this section only if:


Given to the National Association of Securities Dealers, Inc., no later than 10 days prior to the record date involved or, in case of a rights subscription or other offering if such 10 days advance notice is not practical, on or before the record date and in no event later than the effective date of the registration statement to which the offering relates...

http://www.law.uc.edu/CCL/34ActRls/rule10b-17.html

Posted by: SSP
In reply to: None
Date:3/23/2006 8:57:48 PM
Post #of 84186

KGOC: This is worth a repeat, for the case when Ex-Date is after record and payable dates ....

NASD member firms or their
registered representatives from
time to time respond to customer
inquiries regarding ex-dates relating
to dividend and other distributions.
In some cases, customers have
drawn erroneous conclusions
regarding ex-dates. In particular,
large dividends that result in the
designation of ex-dates after the
record and payable dates have
caused confusion in the case of
customers who effect sales
transactions after the record date
but before the payable date and
believe therefore that they are
entitled to keep the dividend.