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Strategies & Market Trends : A Simple List of General Do's & Dont's of Trading: -- Ignore unavailable to you. Want to Upgrade?


To: T. Peirce Baker who wrote (703)4/12/2000 4:07:00 PM
From: Arthur Tang  Read Replies (1) | Respond to of 769
 
Very good question which I asked a full service broker many years ago. As you know full service brokers sell borrowed stocks. They call the desk in the bull pan and gets what ever you want. Sell two shares on the day of the split. And you may buy the shares which will split. As long as the price is folded in two.

If you buy online, it is strict. On the split day you sell with the extra share at the full(presplit) price. When the day of record has past, you have to buy two shares. As you know, the next day the price is half of presplit price plus the movement of price.