Uranium One Inc SXRZF

RE: RE: RE: RE: RE: thats a fact Jack. shorts pay

[imal4it]

All I did was post a statement,quoting from the papers I received from TD Waterhouse.  I know it is not going to impact UUU's dividend payment and tecnically it may not be a dividend but it is an "other distributions" that  the lender would have received from UUU had the shorter repaid him pre divy.  Therefore if the short seller waits until  the x-dividend date or later, the short seller has to pay out of pocket an amount equal to the dividend to the institution from which he/she borrowed the shareson top of the price they pay to replace the borrowed shares.

As you asked me to read the post from smallblock, I must now make another comment.  Sorry, but a brokerage cannot lend you my shares to short sell or small blocks shares or anybody elses without your consent.  If I missed out on a dividend because my broker loaned my shares out to someone for short selling, I think there would be a lawsuit.  The brokerage lends short sellers shares from their own holdings or holdings from other institutions.  They are not gong to say  "John Doe borrowed your shares to short sell, so you have to get your dividend from him".  if  John Doe  short sold shares,  John Doe  owes the brokerage a "dividend cashback"  to compensate for the distribution that the "lender" missed out on because John Doe didn't give back the shares he borrowed(shorted) before the x-dividend date.