TNRG Tianrong Building Materials Message Board

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Microcap & Penny Stocks : TNRG Tianrong Building Materials

TNRG 0.0300

+14,900.0%

Jul 17 12:46 PM EST

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To: Wink who wrote (7796)	5/18/1999 1:21:00 PM
From: Pashoe1	Read Replies (3) of 9824

I feel like I am beating a dead horse but here it goes: This my understanding: If you buy before or on the 17th and hold to the 20th you are guaranteed a 1 for 4 dividend of TIPS. If you buy now or before the ex-dividend date you will get the 1 for 4 dividend. As I see it the only advantage I have is I can sell TNRG after the 20th and still be guaranteed to get my shares of TIPS. Here is the confusion: If I sell on or after the 21st and someone buys my shares then that purchaser does not get a dividend because it is already allocated to me. Right? If that is correct then the shares trading between now and the 20th will be the only shares available for dividend payout. Is this also correct? My understanding is that after the 20th nobody is entitled to get a dividend because that would be considered double counting. Someone please clarify. Thanks.

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