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Izzybell

08/13/20 9:51 AM

#2271 RE: Jack8973902 #2270

I wouldn't advise that. The price will already be at a premium the day before. I will continue to hold this thru div date as long as the price doesn't get too ahead of itself. If there is a say a 20% or 30% spike before div, your kind of forced to flip it. As long as I am profiting, I will do it either way.
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scaryharrysafari

08/13/20 2:19 PM

#2273 RE: Jack8973902 #2270

No one in their right mind would be short this stock, but I guess insanity is ruling the day. If someone is short a stock, and that stock pays a dividend, that dividend is coughed up by... you guessed it... the short seller.

So, not only does the short seller get to have nightmares about a short squeeze, they also get the final ignominy of coughing up real C A $ H on the spot to pay the dividend to whomever loaned them the shares they've shorted.

Gonna be fun the next couple weeks.....