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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: TraderGreg who wrote (8003)5/22/1999 9:35:00 PM
From: Colin Cody  Read Replies (1) of 9824
 
Yes, the Ex-Dividend date is the one that really matters to retail investors.

And it really is just semantics whether or not people what to say that the record date is the day before the Ex-D date or not
(of course if not what DO you call the date before the Ex-D date? The date before the Ex-D date is the date that the Company looks at its records and sees who the shareholders are and then sends them the dividend)

So when the Company says to get the dividend you need to own the stock the day before May 21st, then OBVIOUSLY that means it trades Ex-D on the 21st. The PAYMENT DATE is much later, when the SEC approves the distribution.

Watch for filings of insider, officer, director, major 5% holders or promoters selling shares. And if so, consider SUING THEM!

Colin
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