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ORCA

01/17/10 6:09 PM

#59447 RE: GOLFNH #59446

EX DATE is usually two days before the Record date.I do not know
when the EX Date is Set for.
If that changes and Happens to be let's say the EX DATE is this coming Tuesday, you need to BUY the stock on Monday or own the stock on Monday (Market close).
to get the Divy.
If you Buy it Tuesday the same day of The EX Date you will not get the Divy.Because the 3 day settlement for it to appear in the Company's books.Record Date on Thursday,so you will not be in the Company;s Record books until Friday=No Divy.

But, if you want to sell the stock and still receive the dividend, you need to sell on or after Tuesday, if EX DATE Example is Tuesday.
I have no idea what is going on with the Divy.But on the next post
I will bring Some thinkning.


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ORCA

01/17/10 6:18 PM

#59450 RE: GOLFNH #59446

SOMETHING THAT CROSSED MY MIND,ABOUT THE BUYING VOLUMES ON DECEMBER 24TH AND PRICE APRICIATION OUT OF NO WHERE.READ BOLD BELOW ON THAT NEWS HE SAID DIVY AROUND THE FIRST OF JANUARY.
SO IF EX DATE LET'S SAY WAS SET THE 28TH OF DEC,AND RECORD D THE 30TH OF DECEMBER, THAT IS WHY WE SAW THE VOLUMES AND PRICE APRICIATION ON THE 24TH.PEOPLE TRIED TO BUY THEN TO GET THE DIVY.
LOOK BELOW HISTORICAL PRICES.NOW I DO NOT HAVE IDEA WHERE WE STAND WITH THE DIVY.THE DELAY ETC.WE SHOULD KNOW THOUGH SOON.
The exact date of the spin off has yet to be finalized; however it is tentatively scheduled to occur on or about the first of January 2010.


2009/12/31 0.0040 0.0040 0.0035 0.0035 2,678,990 0.0035
2009/12/30 0.0036 0.0040 0.0035 0.0040 11,522,300 0.0040
2009/12/29 0.0044 0.0044 0.0036 0.0038 8,357,026 0.0038
2009/12/28 0.0049 0.0050 0.0037 0.0044 7,626,453 0.0044
2009/12/25 - 0.0052 0.0034 - - -
2009/12/24 0.0035 0.0052 0.0034 0.0047 16,033,991 0.0047