Replies to post #45190 on Woodbrook Group Holdings Inc (WDBG)

[trader59]

What happens if no R/S on Monday?

Then the game of "bagholder's musical chairs" will continue for another day or two. The music will stop soon, though.

FINRA will approve it, there's nothing to disqualify WDBG from doing it, just a matter of which day.

[Fireindahole101]

Why do people think the R/S will happen Monday?

Key Dates For Splitting Stocks

Split Record Date - This is probably the most confusing term within a split announcement. The reason for this is that many investors are used to associating this date with a "cash" dividend. To receive a "cash" dividend you must own the stock on the record date. In the case of a stock split, the record date is meaningless. This in itself can make the record date key since those that don't understand this may be scrambling to go out purchase the stock in hopes of taking part in the split.

From Rightline.net, not gonna happen for a while folks, Just saying.



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