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Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?


To: Sr K who wrote (3141)9/25/2000 11:45:06 AM
From: donjuan_demarco  Respond to of 4155
 
Re "no dividend" sellers ---

I find this theory a little hard to swallow. The news about dividend suspension came out Friday after closing. And supposedly these people were in such a hurry to unload the CNC they sold Monday at opening?

Are they under a legal obligation to sell the stock THE VERY MINUTE that they discover the dividend will be suspended?