InvestorsHub Logo

janice shell

09/28/15 3:46 PM

#346484 RE: finna_make_gains #346483

Calissio declared the divvy on 16 June. It set the record date for 30 June. It could not reasonably expect that stock price would quintuple in that time.

Who was Darbie supposed to notify? They're just a broker, buying and selling stock for clients. Granted, in the case of Nobilis, it was selling a LOT of stock. I think if I were a broker, I'd have asked a few questions before getting started. But presumably Darbie had a tradability opinion, and that's all it cared about.