A few other data points. The shorts have been busy disseminating false information on the Yahoo board saying people buying the stock now will not get the dividend. The CFO stated on the conference call that the records date and the ex dates have yet to be determined. Examining the open interest on the $4 and $5 strike price through June ( only series open ) shows about 16,000 in open interest. With 38,000,000 shares in open shorts that is not enough to protect those folks. While many of the open shorts may be "boxed" those institutions will have to cover soon or lose the dividend.
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