Mcsnacks H Tupack
:
It means they are swapping the stock shares they owned before the merger over to the new stock shares listed on the market. Some are being registered as Class A and some as Class B which is why the stock is increasing because Class B are not integrated as float shares and are used as dividend shares.
Mcsnacks H Tupack
Mcsnacks H Tupack
:
The way it's supposed to work is that the stock increases until the quarter ends and then they pay the dividend from some of those gains. And if the company's stock is decreasing they can be paid the dividend or convert their shares and sell them. The stock would have to fall below 10 for them to even consider selling them.
Mcsnacks H Tupack : It means they are swapping the stock shares they owned before the merger over to the new stock shares listed on the market. Some are being registered as Class A and some as Class B which is why the stock is increasing because Class B are not integrated as float shares and are used as dividend shares.
Mcsnacks H Tupack Mcsnacks H Tupack : The way it's supposed to work is that the stock increases until the quarter ends and then they pay the dividend from some of those gains. And if the company's stock is decreasing they can be paid the dividend or convert their shares and sell them. The stock would have to fall below 10 for them to even consider selling them.
jimmy the trader OP Mcsnacks H Tupack : Thanks for the explain!