If someone purchased today they DO NOT count today it is a 72hr holding period through brokerage firms, this disables investors from buying stock knowing that a company is to declare dividends in the next 72 hours and the dividends are rewarded to the previous buyer, however, just because a settlement would occur on friday does not mean that WAMU will declare rewards to the stockholders that day, so most buyers are fine.....
Plus although I asked a question pertaining to that, lets be honest with ourselves, how often are cases such as this postponed? We are waiting on a settlement which we may not even get... IT may end up coming down to a court decision that could take weeks.
I am all for the settlement and I am hoping to make a decent amount of money for a college student, but I am not putting my buggy before the horse.
Only time will tell IMHO
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