Replies to post #1817 on Investor Help (NO Ihub questions)

[cintrix]

If it is a forward split then the day before the split you can buy it up until. The next day the stock will trade post-split. So if it is a 10:1 ratio, you will get 10 shares for every one you own, but the price will be divided by 10. So if you had 100 shares of xyz at $10 you would have 1000 at a buck after the split. If it was a spinoff dividend then you would have to own it by the record date, but in this case the way you explained it, it sounds like it is a forward split. On a forward split you can buy it up until the day before the split. If it is a forward split you are fine.

[Churak]

here ya go...this is the Bible for splits...you can buy until and including 06.01.10 as that is the Pay Date. It will trade Ex on 06.02.10. Anything that is bot in the open market after the Record Date & up until & including the Pay Date is bot with Due Bills Attached. And just like "If the glove don't fit, you must acquit", if it don't appear on the DAILY LIST, it hasn't split.

http://www.otcbb.com/asp/dividend.asp?sym_id=CMSI&dDate=6/2/2010&sDateType=ex_date