posted
I dont even want to, i just want my .0001, hell, .00001 if my broker does it is fine Posts: 9110 | From: boston, ma | Registered: Jan 2004
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quote:Originally posted by cruz: glass finally showed up
hey i been here all day...
i don't know any more than anybody else...
i expect to lose 99% of what i put down...
welcome to the monkey house
The best traders here, haven't been able to tell me i'm wrong yet! c'mon I'm a waitin, 1/2 beer to go
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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posted
this isn't a pump or action play, its a screw up play. I'm tempted to look but each moron is a moron, unti I know otherwise which I won't find out by peeking.
I am out ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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posted
No who is drew? I have only been on allstocks for about a week now. I am just learning. I have seen you on the general forum giving out advice. I learned a lot about the level two's from your post.
Posts: 127 | From: USA | Registered: May 2005
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posted
I'm not really sure what you guys are talking about here. The dividend according to this website http://www.otcbb.com/asp/dividend.asp?sym_id=GVRP&dDate=05/23/2005&sDateType=ex_date is for shareholders on the records date of 5/13/2005. It has already been determined who will receive the dividend. You had to be a shareholder of record as of 5/13/2005. This means that you had to own it three days before. The stock will trade ex-dividend (after dividend) on 5/23 because that is the next trading day after the dividend is issued/paid (the payment date)--5/20. Ex dividend means after dividend meaning the dividend has to be paid. It's paid on the payment date to shareholders on the record date (which was on 5/13 or before). Hope this helps everybody out and does not burst anybody's bubble. I know I don't post here a lot, but I do read a lot here and appreciate when anyone can help me out with stuff so I thought I'd help you guys figure this out. Good luck to all.
Posts: 26 | Registered: Jan 2005
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posted
the company put the record date in the wrong place happens now and then. Recordd date is meaningless.
heres the quote:nce the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
SEE THE LAST LINE
(also notice the first line)the company sets the record date, these are the ones that get screwed up. Company Pr's change them etc. This is straight from the SEC.
If any of you ever plan on buying stocks for dividends, this is whats important! Copy and paste the link. I have seen many traders lose what they thought were their dividend shares.
[ May 18, 2005, 07:26: Message edited by: keithsan ]
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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quote:Originally posted by glassman: yes it does, and if people sold them thinking they would get the post-split shares? i think they might be in for a surprise... share divvies usually follow the shares... it's best to keep them till you get your dividend...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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posted
Disclaimer: i am enjoying this, I am right on my dates, call your broker if you can't read or have trust issues. Either the company or the MM screwed up, I hope its the latter since they are always trying to screw me.
Don't bet the house on this, there is no way to know what will happen. This is like a cmkx lottery ticket with a better chance of winning. The company has not released a pr yet, and my shares have not been taken from my account. It will be tough for the company to cancel the transactions.
Good Luck with this today.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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anyone have the link to allstocks level 2 for pinks, my links are all gone on this crappy thing they call a puter
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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posted
The ex-dividend date was created to ensure that people would receive the dividend. It is two business days before the record date. From http://www.investopedia.com/articles/02/110802.asp : Ex-dividend dates are used to make sure dividend checks go to the right people. In today's market, settlement of stocks is a T+3 process, which means that when you buy a stock, it takes three days from the transaction date (T) for the change to be entered into the company's record books.
As mentioned, if you are not in the company's record books on the DATE OF RECORD, YOU WON'T RECEIVE THE DIVIDEND PAYMENT. To ensure that you are in the record books, you need to buy the stock at least three days before the date of record, which also happens to be the day before the ex-dividend date. This just means that someone messed up and put the wrong ex-dividend date. It doesn't mean that you are going to be a shareholder of record because you had to be the shareholder of record on 5/13.
Posts: 26 | Registered: Jan 2005
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Ex-dividend dates are used to make sure dividend checks go to the right people. In today's market, settlement of stocks is a T+3 process, which means that when you buy a stock, it takes three days from the transaction date (T) for the change to be entered into the company's record books.
glassman:
continue reading till you get to share divedends...they are not treated the same way, and this is for a very good reason......
anyway i'm not taking this too seriously and i'm not encouraging anyone else to either....
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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