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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (5206)12/31/1998 10:25:00 AM
From: Buzzy  Respond to of 43080
 
IFMX up on decent volume.... but not a gapper

DDIM gapped and retreated.. lot of hype on this one.. supposedly on CNBC at 3:00 EST



To: Susan Saline who wrote (5206)12/31/1998 10:25:00 AM
From: GJLevine  Read Replies (1) | Respond to of 43080
 
Don't you have to hold the stock 3 days to actually "own it" through the settlement date ?
I don't really know but that was my undersatanding.

If not, we should be buying stocks the day they declare dividends to receive them.

Glenn



To: Susan Saline who wrote (5206)12/31/1998 10:28:00 AM
From: AlienTech  Respond to of 43080
 
hey Sue you want some wine with that cheese?

Geerlings & Wade (GEER) 9 3/8 +2 1/8 (+29%): Wine retailer announces plans to revamp its web site, citing encouraging e-commerce results during the fourth quarter of 1998.

And re psft I think you need to own the stock at the time of distribution and then sell the psft shares and keep the rest.



To: Susan Saline who wrote (5206)12/31/1998 10:56:00 AM
From: tom pope  Read Replies (1) | Respond to of 43080
 
Sue, I think you have to be the stockholder of record on the distribution date. If you buy today, the seller will remain the stockholder of record until settlement.



To: Susan Saline who wrote (5206)12/31/1998 2:26:00 PM
From: chartseer  Read Replies (1) | Respond to of 43080
 
Sue

You would have to had bought PSFT 3 days ago to be a stockholder of record today. It take three business days from when you purchase a stock to be a stock holder of record. Need to buy a stock day before exdividend date to recieve dividend.

Chartseer