Replies to post #165927 on Mr Cooper Group Inc fka COOP

[bluebird50]

They usually announce a dividend prior to handing it out.... correct?
Thus the 72 hour rule.......
I called my trading company and they said if you have the shares in your account you are entitled to come what may......

Respectfully

from a

7 series jerk......

[sidedraft]

Quite the resume:

I am a junior in college and just passed my Series 7, so I would appreciate it if my intelligence was not questioned.

[taxxx]

Actually, you contradicted yourself..

According to your statements:

1) People that sold today will be on the record books until Thursday, because on Friday...their trades are settled.

2) They are only S.O.L according to your theory if settlement is declared, signed by judge, and recorded on Friday.

3) I hardly think #2 is going to occur.

IMO

1) You get the settlement monies based on how many shares you have in your account on the Trade Date.

2) Settlement is declared. Trading is Halted. Wait 3 Days for the all trades to be settled. Record. And disperse the settlement.

3) If #2 is not true, then there will be a lot of people holding WAMU shares with $0? What happens to them? I think its very illogical. That would be like writing a post-game report before the game is over.

4) Dividend record and dispersal dates are released much before the actual dates so people have fair warning if they want to get into a stock to collect the dividend.

ALL IMO. Anyone have actual facts?

[ChangeDirector]

It is true that one must buy a dividend stock prior to the record date, on the day before the ex-dividend date, to get the dividend.

Please provide a link to information stating that works the same for stocks in bankruptcy that receive a court settlement to be paid to common shareholders.

I don't want an opinion, I don't want text, I want a link. If you cannot provide a link, please make a post stating that you cannot provide a link to that information and therefore what you have stated is incorrect.

If there is no link to that information it is clearly false, agreed?

[sidedraft]

Did I misunderstand when you said, "I am a junior in college and just passed my Series 7"?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47617155

Or is this really your background?

I am a college student planning to take my Series 7 in the future.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47792798


Since you originally made the top statement, I of course took your post very seriously, now.....not so much.