what a bunch of nonsense.
Can you help a fellow short out- how does this work? I get that if it's 34.50 and they pay 30 cent dividend the price will drop to 34.20 to offset, but how does it actually work when I pay the dividend? They just take it out of my account? Do you know when the next dividend is coming?
When is it scheduled? I have to admit this is the first stock I have shorted. I have continued to add on all of these spikes as I believe this will go under 30. Is it really true I pay the dividend to someone? I'm not worried about it, since as qqq says the price will drop to match the dividend, I'm just wondering about the mechanics of it and the tax consequences. It should just be a change in cost basis, correct? I will probably cover (hopefully at a big profit) in 2014. I know for a long GM holder, the dividend is taxed different from capital gains. What about for shorts, is there any different tax treatment?
Let's get this POS moving lower!!!!
Archie Bunker is robert yen. Yahoo finally shut him down. I don't expect this ID will last long either. Sure, GM has done OK recently. Talk about cherry picking. This #$%$ was over $40 when S&P was 1750. Now S&P is 2000 and this is 35 and they want a medal? Wow.
Do not be deceived by some of the misleading messages posted here.
maybe it's not doing well because they murdered dozens, maybe hundreds of people and they should be out of business.
I am looking to short more tomorrow at 35. Maybe next week but it does look like the relentless pumping of Robert Yen's multiple IDs is having an effect.
Not only that I ran the IP addresses and he is one of the guys posting "34 is next", etc. I know, shocker right?
see ya bobster. If the bankruptcy judge don't get ya bubba will. Cheers!
This company is sick and twisted for sure. All the pumping longs look at the supposedly low forward p/e and forget that forward ratios are too speculative and also this company is a ticking time bomb with unknown billions in liabilities for all the murders.