ASK: "THE LAST DON" OF MOMENTUM TRADES Message Board

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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES

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To: r.edwards who wrote (6134)	2/11/1999 10:11:00 AM
From: Dave Gore	Read Replies (2) of 15987

Thanks, I believe you on SOWK, but I believe you have to HOLD through the close to get the dividend. You must be on RECORD as owning the stock as of the end of today? Is that right? If so, they might be a mad dash to the exits tommorrow, as there will be no incentive to hold the stock. You will already qualify for the free dividend. The fear that the smart ones among us have (or the ones who have gotten burned in the past by dividend plays) is that you may end up with 5 shares at 50-75 cents tomorrow that you can't sell, because you don't have the dividend stock to sell yet? Or if people DO hold on, things will be fine. Maybe everybody who got the stock a couple weeks ago at 75 cents or below won't sell tomorrow and things will be fine. SO this could be a great gamble or not WOW! confusing

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