posted
NATIONAL ASSOCIATION OF SECURITIES DEALERS. NASD.
in other words, theyre playing by the rules imo. id think if the deal was shady theyd be hiding... instead theyre letting an impartial body take care of the details.
at least thats how i read it.
3 day rule should still stand. takes 3 days for the settlement so people dont flip it overnite.
hope thats what theyre thinking. ~BB
quote:Originally posted by DIGDOUGH: BB- Thats what I thought your point is. Now what is this NASD thing about? Does that change the way that this thing is going to go down, or do the 3 day rule still stand?
quote:Originally posted by betting babe: Dig! thats my point.
you would have had to buy in by friday to get the divi.
by extending they are helping the people who didnt know til today and think that buying today would give them the divi- it wouldnt have.
now it will
tons of buys FLYING in now, were at 17! gapping...
posted
Babe-you are so resourceful and helpful. Thanks
quote:Originally posted by betting babe: NATIONAL ASSOCIATION OF SECURITIES DEALERS. NASD.
in other words, theyre playing by the rules imo. id think if the deal was shady theyd be hiding... instead theyre letting an impartial body take care of the details.
at least thats how i read it.
3 day rule should still stand. takes 3 days for the settlement so people dont flip it overnite.
hope thats what theyre thinking. ~BB
quote:Originally posted by DIGDOUGH: BB- Thats what I thought your point is. Now what is this NASD thing about? Does that change the way that this thing is going to go down, or do the 3 day rule still stand?
quote:Originally posted by betting babe: Dig! thats my point.
you would have had to buy in by friday to get the divi.
by extending they are helping the people who didnt know til today and think that buying today would give them the divi- it wouldnt have.
now it will
tons of buys FLYING in now, were at 17! gapping...
posted
babe - does this mean that you have to wait 3 days before you can sell FCDH. Ex date is the 29th, cannot sell before Jan. 5th with holiday?
quote: -------------------------------------------------------------------------------- Originally posted by betting babe: NATIONAL ASSOCIATION OF SECURITIES DEALERS. NASD.
in other words, theyre playing by the rules imo. id think if the deal was shady theyd be hiding... instead theyre letting an impartial body take care of the details.
at least thats how i read it.
3 day rule should still stand. takes 3 days for the settlement so people dont flip it overnite.
posted
Babe, This is the closest I can get to a print with my present knowledge of how to manipulate the scottrade web pages, I know it looks like i made it up, but I don't have any reason to. I was changing sell amounts all day, and decided to settle for .0017 on my way out the door. FCDH SOLD 300000 MARGIN $0.0017 $507.42 FCDH SOLD 50000 MARGIN $0.0017 $77.56 FCDH SOLD 300000 MARGIN $0.0017 $507.42 FCDH SOLD 100000 MARGIN $0.0017 $169.14
quote:Originally posted by betting babe: NATIONAL ASSOCIATION OF SECURITIES DEALERS. NASD.
in other words, theyre playing by the rules imo. id think if the deal was shady theyd be hiding... instead theyre letting an impartial body take care of the details.
at least thats how i read it.
3 day rule should still stand. takes 3 days for the settlement so people dont flip it overnite.
hope thats what theyre thinking. ~BB
quote:Originally posted by DIGDOUGH: BB- Thats what I thought your point is. Now what is this NASD thing about? Does that change the way that this thing is going to go down, or do the 3 day rule still stand?
quote:Originally posted by betting babe: Dig! thats my point.
you would have had to buy in by friday to get the divi.
by extending they are helping the people who didnt know til today and think that buying today would give them the divi- it wouldnt have.
now it will
tons of buys FLYING in now, were at 17! gapping...
~BB
Hey BB, thanks for the clarification. Wasn't planning on holding out for the divi, but I think I will for a small partial. According to schwab, it looks as if .0018 actually printed! Anybody catch this?
Either way, another green day on solid volume. OBV is on a steep north but RSI a little over 70 because I think both alot of people were trying to get in before the "old" divi date or trying to do a quick flip without knowing the full details of being elgible for the divi.
A little bit of indecision going on with today's stick, but the .0018 that printed was the odd-ball out. I'm not sure how we fared on the buys/sells at .0017 and .0016 since I was sleeping all morning LOL! It will be very interesting to see how this one plays for the rest of the week.
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Am I Correct. If you would have bought today you would have missed the 21st Divi because it would not have cleared until the 22nd. The NEW date of the 29th means that you have until Friday the 23rd to get in. If you get in Friday it will effectively clear on the 28th. Maybe the date of the 29th gives everyone a one day cushion? Does this sound right?
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I think some are confusing 3-day settlement of funds with record date and ex-date: splits are tracked by cusip number, according to the ex-date; the record date is merely a bookkeeping convenience.
In this case, if I read correctly, the ex-date has not been set, yet.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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Any thoughts,predictions where this thing is going after new years? If we all hold our shares for a full year will we become bag holders like qbid wallowing in doubt and despair, clinging to fragmented news items and rumors, or will this be a real money making opportunity?
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tex, im still figuring it out, but i thought the pr said that they said the divi was for shareholders "of record" .. then they said the ex-date would be set, but isnt that when the stock price of the divied stock actually reflects that divi?
~BB
...and yes believe i saw 18 print right before the pr, but didnt save my level2s so cant be certain. pretty certain tho
quote:Originally posted by BuyTex: I think some are confusing 3-day settlement of funds with record date and ex-date: splits are tracked by cusip number, according to the ex-date; the record date is merely a bookkeeping convenience.
In this case, if I read correctly, the ex-date has not been set, yet.
posted
I feel a little foolish posting thes sells that add up to nothing more than tip money. I didn't know that we were talking about after hours trading. If we were why would the prices be so high?
quote:Originally posted by DIGDOUGH: Babe, This is the closest I can get to a print with my present knowledge of how to manipulate the scottrade web pages, I know it looks like i made it up, but I don't have any reason to. I was changing sell amounts all day, and decided to settle for .0017 on my way out the door. FCDH SOLD 300000 MARGIN $0.0017 $507.42 FCDH SOLD 50000 MARGIN $0.0017 $77.56 FCDH SOLD 300000 MARGIN $0.0017 $507.42 FCDH SOLD 100000 MARGIN $0.0017 $169.14
posted
well i see after hour buys at 0015.. 2 mil, 2 mil, 2 mil, at 16:10 wrapping up the day.
ill take an open at 15 Dig!
~BB
quote:Originally posted by DIGDOUGH: I feel a little foolish posting thes sells that add up to nothing more than tip money. I didn't know that we were talking about after hours trading. If we were why would the prices be so high?
quote:Originally posted by DIGDOUGH: Babe, This is the closest I can get to a print with my present knowledge of how to manipulate the scottrade web pages, I know it looks like i made it up, but I don't have any reason to. I was changing sell amounts all day, and decided to settle for .0017 on my way out the door. FCDH SOLD 300000 MARGIN $0.0017 $507.42 FCDH SOLD 50000 MARGIN $0.0017 $77.56 FCDH SOLD 300000 MARGIN $0.0017 $507.42 FCDH SOLD 100000 MARGIN $0.0017 $169.14
posted
Don't forget that Monday the 26th is a holiday. This divi date thing is raising a lot of questions. I'm going to call my broker or somebody tomorrow and get a solid answer about it.
quote:Originally posted by andrew: Am I Correct. If you would have bought today you would have missed the 21st Divi because it would not have cleared until the 22nd. The NEW date of the 29th means that you have until Friday the 23rd to get in. If you get in Friday it will effectively clear on the 28th. Maybe the date of the 29th gives everyone a one day cushion? Does this sound right?
posted
B-Babe, prolly the PR *did* say that...what happens is company-folk frequently confuse record, pay, and ex- dates. The company sets the split amount and record date. But NASD (for NASDAQ/OTCBB) determines the ex-date, which as you say is the date it reflects the "new trading," ie, ex-dividend: it no longer has the due bills attached.
Companies frequently screw this up; well-known recent ones are UNQT and GVRP.
I have *not* followed this one, but from what I gather, the CEO/company released a PR first based on the record date; in a clarification attempt, perhaps, they're now using the term "Payment Date" or sumpin like that...yes? At any rate, they've recognized that people can still buy after the "record date." If I were guessing, I'd say they've worked it out with NASD to publish the ex-date on what they're calling the "extension."
Anyway, the way it's supposed to work and does 99.9999%, is buying before the ex-date entitles you to the divvy...It's also fairly common for traders to buy before the record date, then sell before the ex-date thinking they still get divvies. That's an oopsie: the the divvy shares are sold with due bills still attached until the ex date...
*********
DigDough, if you call your broker, ask for a manager and then ask them to doublecheck *whatever* answer they give you with their "compliance department." Oftentimes in these branch offices and such, you get a "hot-shot" who really doesn't know much...
If you're really concerned, call the market education peeps ar NASD...numbers are on the Web site.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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Babe thats cool, thanks. I got confused that you couldn't see someone getting .0017 on a sell, which was my case . I'll get it together. 15 is a good start.
quote:Originally posted by betting babe: well i see after hour buys at 0015.. 2 mil, 2 mil, 2 mil, at 16:10 wrapping up the day.
ill take an open at 15 Dig!
~BB
quote:Originally posted by DIGDOUGH: I feel a little foolish posting thes sells that add up to nothing more than tip money. I didn't know that we were talking about after hours trading. If we were why would the prices be so high?
quote:Originally posted by DIGDOUGH: Babe, This is the closest I can get to a print with my present knowledge of how to manipulate the scottrade web pages, I know it looks like i made it up, but I don't have any reason to. I was changing sell amounts all day, and decided to settle for .0017 on my way out the door. FCDH SOLD 300000 MARGIN $0.0017 $507.42 FCDH SOLD 50000 MARGIN $0.0017 $77.56 FCDH SOLD 300000 MARGIN $0.0017 $507.42 FCDH SOLD 100000 MARGIN $0.0017 $169.14
posted
sorry for the "double-post," you guys are posting a lot, lol
quote:Originally posted by betting babe: tex, im still figuring it out, but i thought the pr said that they said the divi was for shareholders "of record" .. then they said the ex-date would be set, but isnt that when the stock price of the divied stock actually reflects that divi?
~BB
...and yes believe i saw 18 print right before the pr, but didnt save my level2s so cant be certain. pretty certain tho
quote:Originally posted by BuyTex: I think some are confusing 3-day settlement of funds with record date and ex-date: splits are tracked by cusip number, according to the ex-date; the record date is merely a bookkeeping convenience.
In this case, if I read correctly, the ex-date has not been set, yet.
Hope that helps...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
Talked with Scottrade, he said give him half hour and he would email me back info he finds out.
the email:
Dear so and so
I contacted our reorganization department as well as our dividend department to find out the proper procedures for paying out dividends via company reorganizations. Once Scottrade gets conformation from the Depository Trust Company or Bloomberg to pay out stock dividends then we will credit client's account with the appropiate dividends
posted
Thank you for contacting Charter Communications, a Wired World Company. We appreciate the opportunity to serve you.
We have submitted a request for this channel to be added to the regular channel line up in your local area.
Our customers are always considered in decisions such as these but unfortunately we are also bound by other factors including FCC regulation, bandwidth constraints, network contracts, and financial constraints. We understand the popularity of some specific channels and we would love to be able to provide every channel that our customers request, however we have limited bandwidth space. With the introduction of digital technology, we are able to expand the number of channels that can be provided in 1 bandwidth frequency. This does provide for the availability of more channels, however there are reasons that keep some networks from getting access to our digital service. The primary factor is our contractual obligation. When we add a channel/network to our lineup we must come to an acceptable contract agreement with that channel/network. ESPN for example requires that their network be carried on an expanded basic level and within a specific range of channels. For this reason many of the digital channels cannot be replaced with others from our expanded service to make room for additional channel numbers.
We care about the opinions of all of our customers and will keep yours in mind as we continually explore new lineup possibilities. We hope in the future we will be able to bring popular stations to your area. In the meantime please understand the hurdles we face when situations like this occur and be assured we are working with you, the customer, in mind.
You may reach our Support Center at 888-821-4559.
Charter Communications
I emailed my cable company to request the Fight channel... This is their response..
posted
i wish but the way it is going i dont think so i might be getting out just not sure yet it looks like people are shying away from it. i was thinking it was gonna hit .002 the other day and then they go and change the divi date i think that is wrong
posted
ok time to get out with a double was hoping for a triple but looks like noone is hanging around i beleive this is gonna work its way back to .0006 so im gone while i got a small profit. GLTA