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La Quinta Properties Inc. (LQI) Message Board

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  • Vaalie60 Vaalie60 Nov 7, 1999 9:52 PM Flag

    MT - This Low Price Is Ridiculous

    . . of course you are responsible for the
    dividend if you go short.

    Meditrust will pay the
    dividend to the buyer of the shares you sold short, but
    the short seller has to pay the equivalent of the
    dividend to the lender of the shares. Meditrust is not
    going to pay a dividend twice on the same
    shares!

    If you go long and short at the same time, the only
    winner is the broker.

 

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