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BB&T Corporation Message Board

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  • no1matemary no1matemary Dec 9, 2008 3:07 PM Flag

    8 DAYS FOR SHORTS TO COVER

    So what you are saying is that when BBT announces that the dividend holds, 8% of the float won't think about covering before the price starts to rise to get the benefit of the dividend. Oh well, we will see? I think I will buy more and hold on to this conservative well run bank. JMHO

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    • You are a hoot!!! The price fluctuates 2X to 3X the dividend every day the past few months. There is zero reason to cover shorts, BB&T pays $.47 dividend and the price instantly gets cut by $.47. So where is the incentive to cover because of the dividend?

      Like I said "learn" and stop the inanne posts.

 
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