InvestorsHub Logo
icon url

analyzethis

01/17/06 4:22 PM

#21103 RE: bigdannyboy454 #21096

Hey Danny..Everything you say in this post is "normal'. Companies RARELY put investors names on divy payments or any other type of distribution.
icon url

Retflyr

01/17/06 4:43 PM

#21126 RE: bigdannyboy454 #21096

Maybe they will disribute with no restriction, if they get so confused.
icon url

r7315

01/18/06 1:17 AM

#21222 RE: bigdannyboy454 #21096

Danny, Let Sandy Know

Danny, please email Sandy and let him know what Holladay said to you. This sounds like Holladay may have no idea what the heck they are doing. There is something just not right here.
icon url

dragon52

01/18/06 1:32 AM

#21224 RE: bigdannyboy454 #21096

One reason for NOT selling until the dividends come out

if you do... you may lose rights to the dividends... and it might just be a battle to reclaim those rights.

If you keep from selling... they will have to give you what is due based on the paper trail is unbroken....

I am adding to my stash... so it makes it more difficult for them to deny me... they are not going to give me any more than due on the rec date... but cannot give me any less either.

GLTA
icon url

uwlungman

01/18/06 6:49 AM

#21229 RE: bigdannyboy454 #21096

bigdanny. Your post makes no sense...
No one except the broker knows who gets what shares. Standard procedure is that the TA knows (for example) that the broker holds a total of 52 million shares. 52 million shares are therefore sent to the broker and it is the brokers job to distribute the proper number of shares to each client. What you posted doesn't make sense from my understanding of how things work.
icon url

schleptrader

01/18/06 9:11 AM

#21263 RE: bigdannyboy454 #21096

Email from Holladay

This basically confirms what bigdannyboy454 relayed per his phone conversation.

email body:

HOLLADAY ISSUED RESTRICTED SHARES TO DTC BY CORP RESOLUTION!!

DTC DOES NOT WANT THEM , SO THEY ARE SENDING US A LIST OF THEIR PARTICIPANTS TO DISTRIBUTE TO THE BROKERS!!

HAVE NOT RECEIVED AS YEY!!

The email was signed.

Note the caps and punctuation. I had requested clarification and received this email toward the end of the day. Perhaps there were more than a couple inquiries.