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Columbia Sportswear Company Message Board

investing_rules 1 post  |  Last Activity: Feb 7, 2014 12:08 PM Member since: Dec 4, 2008
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  • investing_rules by investing_rules Feb 7, 2014 12:08 PM Flag

    Just spoke with Schwab agent. I was told that I do not have to do anything and it is in process. He said to keep checking this afternoon or Monday for the share and cash distribution. Looks like they are still sorting through it all.

    Out of curiosity I asked about the open short positions. I was told that the borrowed shares would most likely be called back at the closing price. Maybe that is part of the delay too.

    Best of luck to all longs!
    FWIW - I plan on holding my SZMK shares based on the growth of the online business. It was the only part growing and they were able to keep that portion intact and have 60 mill in the bank. Nice job!

    Let's see what SZMK can do now!!

    Sentiment: Hold

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