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Microcap & Penny Stocks : TNRG Tianrong Building Materials -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (7969)5/21/1999 9:51:00 PM
From: CUBBY  Read Replies (1) | Respond to of 9824
 
CAN'T YOU READ????

To: tony p (7954 )
From: CUBBY Friday, May 21 1999 6:01PM ET
Reply # of 7973

Why don't you people listen to tony p ,he is stating the facts, he is 100% right---the end. You can sell your stock and then buy it back again if you want. you take the chance of paying more to get back in before ex-div date, when ever it is. FORGET ABOUT THE 17TH OR THE 20TH IT DOESN'T MATTER ANYMORE. It's so simple..you own TNRG one day before the ex-div date ...you get TIPS shares.

To: Colin Cody (7952 )
From: tony p Friday, May 21 1999 4:29PM ET
Reply # of 7974

Hi Colin,

I don't want to get into a pissing match with you abt this
div, but I can tell you for a fact that if you sell now you
will NOT get the div.
Yes the PR does have Mr Tilton saying to get the div you have
to b a record owner on 5-20.He didn't say you could sell it
after 5-20 and still get the div because unless you own the stk
BEFORE the yet to be announced ex div date you are not entitled
to the ddiv.
Also, your div book is in error if it states that the ex date
is 1 day after the record date. In almost 99% of the div's paid
the ex date is 3 days BEFORE the record date. The ex date
determines WHO is entitled to the div, not the record date.
In this TNRG case the ex date is going to be way after the
record date BUT still determines who is ENTITLED to the div.

Big Bear-- re your post --if you sell tdy you better get
the TIPS div-- not going to happen because you won't own
the stk before the ex date.

T A P-- I'm still waiting for you to acknowledge your incorrect
post #7914. Need to buy three (3) days before ex date to get div.
this is wrong, you need to buy anytime before the ex date.Example,
if the ex date is 8 15 you must buy and hold the shs on or before
8-14. Pls acknowledge so at least that point will be cleared up.

Tony


People ..if you don't understand this you need help.

Cubby